
EU Regulatory Responses to Crises
Adaptation or Transformation?
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Product details:
- Publisher OUP Oxford
- Date of Publication 28 January 2025
- ISBN 9780198913818
- Binding Hardback
- No. of pages240 pages
- Size 252x180x20 mm
- Weight 584 g
- Language English 1061
Categories
Short description:
Examines how the EU has addressed some of the most incisive crises during the past 15 years from legal and political science perspectives. It analyses, among other things, the measures taken to save banks, to ensure a fair distribution of migrants across EU Member States, and to support the acquisition of vaccines.
MoreLong description:
The past years have seen numerous crises from the 2007-2008 financial crisis to the migration crisis and the COVID-19 pandemic. These crises have significantly impacted EU policy in numerous areas including the Economic and Monetary Union, financial regulation and supervision, health policy, state aid control, energy policy, migration policy, and foreign and defence policy. As a result of these crises, EU rule-making has developed in various ways. Some developments have had an institutional dimension in that they concerned the actors involved in rule-making, as exemplified in the introduction of instruction rights of EU bodies vis-?-vis national authorities or the introduction of reverse (qualified) majority voting in the Council. But they also concerned the shape or nature of rules, where we have seen the increasing use of Regulations (as opposed to Directives) and of soft law instead of legally binding rules. The substance of existing rules was also reconsidered, resulting, for instance, in the deviation in practice from the Dublin system as regards the distribution of refugees, in the EU indebting itself on a considerable scale in the wake of the pandemic, and in the boosting of foreign and defence policies as a result of the war in Ukraine.
EU Regulatory Responses to Crises examines and compares these developments from a legal and a political science perspective. It analyses the measures taken, successful or not, to save banks, to ensure a fair distribution of migrants across EU Member States, or to support the acquisition of vaccines, for example. This book draws a comprehensive picture of the EU's regulatory toolkit in times of crisis, and its enrichment and refinement in reaction to new challenges.
Table of Contents:
Introduction: The Crisis-induced Development of EU Rule-making
Economic and Monetary Union: Incremental Adaptation under Legal and Political Constraints
Financial Regulation and Supervision: Crisis as Catalyst for Institutional and Policy Reforms
Health Policy: A Cautionary Tale of Constitutional Slippage and Polity Building between Crisis and Nation Building
State Aid Control: Rule Making and Rule Change in Response to Crises
Energy Policy: Integration by Stealth and Crisis-driven Change
Migration Policy: Between Crisis Preparedness, Ad Hoc Solutions, and Administrative Capacity-building
Foreign and Security Policy: Rule-making in Different Compartments and Times of Geopolitics
EU Regulatory Responses to Crises: Summary, Horizontal Perspective, and Conclusions