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- W3121458369 abstract "The European sovereignty paradox may be summarized as follows: National States and/or the European Parliament, that are the instances in which resides the democratic legitimacy to implement policies and to react to events affecting the economy, are not endowed with the instruments to act or react. The authorities that are actually empowered to act (as the ECB for monetary policy, or the European Commission for fiscal and competition policy), on the other hand, lack the legitimacy needed to use their power to implement policy. Thus we have on one side legitimacy without power, and on the other power without legitimacy (...)." @default.
- W3121458369 created "2021-02-01" @default.
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- W3121458369 date "2004-11-01" @default.
- W3121458369 modified "2023-09-25" @default.
- W3121458369 title "Reform Proposals for the Stability and Growth Pact" @default.
- W3121458369 hasPublicationYear "2004" @default.
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