Substantive Accountability in Europe's New Economic Governance

doi:10.1017/9781009228800

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Ferrara, Federico M. Masciandaro, Donato Moschella, Manuela and Romelli, Davide 2024. What Do Politicians Think of Technocratic Institutions? Attitudes in the European Parliament Towards the European Central Bank. JCMS: Journal of Common Market Studies,

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Edited by Mark Dawson, Hertie School, Berlin

Publisher:: Cambridge University Press
Online publication date:: November 2023
Print publication year:: 2023
Online ISBN:: 9781009228800
DOI:: https://doi.org/10.1017/9781009228800
Creative Commons:: This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC-ND 4.0 https://creativecommons.org/creativelicenses

Subjects:: Economics, European Law, Law, Economic Theory

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The EU has become an increasingly powerful economic actor but we lack research on how EU economic decision-makers can be held to account. This book argues that the EU suffers from important substantive accountability deficits I.e. while numerous procedures exist to hold institutions like the Commission and ECB to account, there are few mechanisms to contest the merit and impact of economic decisions. The book combines detailed empirical research on how accountability practices are evolving across different fields of EU economic governance with a novel conceptual framework to assess where accountability deficits lie and how they might be addressed. Combining leading research in law and political science, this book will be of interest to scholars with an interest in the questions of accountability and economic governance arising from the budgets, central banks and financial institutions of the European Union. This title is Open Access.

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