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An Agenda for a Growing EuropeThe Sapir Report$
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André Sapir, Philippe Aghion, Giuseppe Bertola, Martin Hellwig, Jean Pisani-Ferry, Dariusz Rosati, José Viñals, Helen Wallace, Marco Buti, Mario Nava, and Peter M. Smith

Print publication date: 2004

Print ISBN-13: 9780199271481

Published to Oxford Scholarship Online: July 2005

DOI: 10.1093/0199271488.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 01 April 2020

Economic governance in the European Union

Economic governance in the European Union

Chapter:
(p.92) 6 Economic governance in the European Union
Source:
An Agenda for a Growing Europe
Author(s):

André Sapir (Contributor Webpage)

Philippe Aghion (Contributor Webpage)

Giuseppe Bertola

Martin Hellwig (Contributor Webpage)

Jean Pisani-Ferry (Contributor Webpage)

Dariusz Rosati

José Viñals

Helen Wallace

Marco Buti

Mario Nava

Peter M. Smith

Publisher:
Oxford University Press
DOI:10.1093/0199271488.003.0006

This chapter examines the approaches to economic governance in the European Union. There are currently four basic approaches to governance: delegation, commitment, coordination, and autonomy. Four key weaknesses in governance have been identified: institutional complexity, a tension between responsibilities and instruments, a persistent difficulty in making commitment and coordination methods deliver, and uneven implementation and enforcement. These weaknesses undermine the economic performance of the current EU with 15 members, and may be more damaging in a Union with 25 members.

Keywords:   European Union, economic governance, delegation, commitment, coordination, autonomy

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