The EU used to be a polity without politics, because none of the issues it handled were salient to most European voters. That changed forever when the union undertook an ill-advised intervention in monetary policy by creating the euro and then sticking with it through the financial crisis. Those decisions have had disastrous consequences for public trust in and support for the EU, which have plummeted in the years since. Most subsequent commentary has focused on the technocratic details of eu monetary policy and banking regulation. Cramme and Hobolt bring together some leading academic minds to puzzle through deeper questions. Is the EU politically sustainable? If so, in what form? What are the implications of the euro for democratic participation? In general, the contributors are skeptical that the EU will be able to put itself back together again in anything like its previous form, but they remain equally skeptical of radical reform. Anyone interested in the future of Europe should read this book.
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