Towards a more resilient European Union after the COVID-19 crisis

Amélie Barbier-Gauchard, Meixing Dai (), Claire Mainguy, Jamel Saadaoui, Moïse Sidiropoulos, Isabelle Terraz and Jamel Trabelsi
Additional contact information
Amélie Barbier-Gauchard: University of Strasbourg, University of Lorraine, BETA, CNRS
Moïse Sidiropoulos: University of Strasbourg, University of Lorraine, BETA, CNRS
Jamel Trabelsi: University of Strasbourg, University of Lorraine, BETA, CNRS

Eurasian Economic Review, 2021, vol. 11, issue 2, No 4, 348 pages

Abstract: Abstract The pandemic crisis constitutes an unprecedented challenge for the European Union and for the Euro Area. Indeed, the European institutional architecture can be viewed as being halfway between an association of sovereign states (like the United Nations) and a politically integrated federation (like the United States). In this original construction, competences on several matters (such as economic, political, social and health issues) are shared at the European level, but also at the national and local levels, in more complex ways than in fully integrated federations. To improve the European Union’s resilience to violent external shocks, the main objective of this paper is to determine to what extent these competences should be transferred to the federal level. In this respect, we will consider whether a federal leap is necessary in several areas, namely (i) monetary and fiscal policy (rules), (ii) labor markets policy and social models, migratory flows and skill shortages, and cooperation policy and (iii) renewed industrial policy and exchange rates. Despite a highly uncertain context, we outline some perspectives for the future of the European Union.

Keywords: European union; Pandemic crisis; Economic policy; Resilience; F33; E52; E62; F22; J61; L52 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://link.springer.com/10.1007/s40822-021-00167-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: Towards a more resilient European Union after the COVID-19 crisis (2021)
Working Paper: Towards a more resilient European Union after the COVID-19 crisis (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eurase:v:11:y:2021:i:2:d:10.1007_s40822-021-00167-4

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40822

DOI: 10.1007/s40822-021-00167-4

Access Statistics for this article

Eurasian Economic Review is currently edited by Dorothea Schäfer

More articles in Eurasian Economic Review from Springer, Eurasia Business and Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().