A New Role for the EU in Economic Governance: Lessons from Emerging and Existing Models
Second ACELG Annual Conference
The second annual ACELG conference is devoted to European law and governance over economic activities. The conference will focus on the (future) role of the European Union in the coordination of Member State economic policies as well as on the regulation and supervision of the financial sector.
Following the financial crisis (2007-2009) and the ongoing sovereign debt crisis, the EU is enhancing its role in these areas. There are already some indications on what form the EU’s governance model will have; such as network-based peer review mechanisms and a stronger role for EU ‘watchdogs’ on the basis of the so-called ‘six-pack’ of legislation to reinforce economic policy coordination and budget oversight within the Economic and Monetary Union (EMU). The EU ‘s enhanced role and the new models of economic governance merit close analysis, not in the least because this development raises important legitimacy questions. The EU has broad and diversified experience in harmonizing and coordinating economic policy areas, in particular on the basis of networks of national and supra-national (public and private) regulators. These networks typically operate within a global context. The European model for "overseeing" and regulating Member States economic policies will therefore have to be compatible with broader, global developments in the areas of financial and economic regulation.
This ACELG conference will explore and discuss the possible models for EU law and governance in the areas of economic and financial policies, while reviewing experiences with existing EU governance models in the economic domain.
Setup and programme
The morning sessions will discuss the EU’s role in the coordination of national economic policies and in the oversight of financial markets as well as identify challenges to the future governance model. The afternoon session focuses on two existing EU governance models in two distinct fields: competition, where the EU has had a central role from the outset (of the EEC), and food safety, where – similar to the area of financial and economic policies – the Member States originally retained their exclusive competence.
Each session is intended to identify strong and weak points of governance structure in the respective area and make cross-sector comparisons. We aim at drawing lessons from the experiences with these diverging governance models for the architecture of the EU role in the coordination of Member States’ economic policies in a broader sense.
Speakers & Discussants
- Prof. Fabian Amtenbrink, Erasmus University Rotterdam
- Benjamin Angel, European Commission, DG Economic & Financial Affairs
- Prof. Imelda Maher, University College Dublin
- Prof. Bernd van der Meulen, Wageningen University
- Prof. Niamh Moloney, London School of Economics
- Prof. Adrienne de Moor-van Vugt, University of Amsterdam
- Patrick Pearson, European Commission DG Internal Market
- Prof. Luís Domingos Silva Morais, University of Lisbon
- Prof. René Smits, ACELG
- Prof. Jacques Steenbergen, Director General Belgian Competition Authority / Katholieke Universiteit Leuven
- Prof. Ellen Vos, Maastricht University
The following Ph.D. researchers were invited to give mini-presentations and present their research project in poster sessions:
Registration is no longer possible.