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Past Event

The unresolved issue of Europe’s economic governance

Bruegel hosted the presentation of "The Governance Report 2013", a collaborative effort of scholars and practitioners from many parts of the world, anchored by a research and editorial team based at the Hertie School of Governance. Authors Helmut K. Anheier and Lucia Quaglia presented findings from the report relating to financial and fiscal governance in […]

Date: Apr 16 - Topic: European Macroeconomics & Governance

Bruegel hosted the presentation of "The Governance Report 2013", a collaborative effort of scholars and practitioners from many parts of the world, anchored by a research and editorial team based at the Hertie School of Governance.

Authors Helmut K. Anheier and Lucia Quaglia presented findings from the report relating to financial and fiscal governance in Europe.

During the crisis, problems extended cross-border, whilst jurisdictions for most economic policy remained national. Technocratic solutions to the crisis proved inadequate mostly because they all entailed trade-offs and distributional implications, which have not been taken into sufficient account.

These trade-offs include liquidity versus moral hazard, accountability versus effectiveness, and domestic politics versus international commitments. Good governance is mainly about resolving these trade-offs.

The presentation was followed by a reflection from Daniel Mügge, University of Amsterdam, and by a wider discussion on governance challenges in the euro zone and possible ways forwards.

More details on The Governance Report 2013

Agenda

08.45-09.15 Breakfast

09.15-09.20 Welcome by Jean Pisani-Ferry, Bruegel

09.20-10.00 Presentation by Helmut K. Anheier, Hertie School of Governance and Lucia Quaglia, University of York

10.00-10.20 Discussion by Daniel K. Mügge, University of Amsterdam

10.20-11.00 Q&A

Practical details

Event organised in partnership with the Hertie School of Governance


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