Why the European Commission is not the "unexpected winner" of the Euro Crisis: A Comment on Bauer and Becker

被引:11
作者
Da Conceicao-Heldt, Eugenia [1 ]
机构
[1] Tech Univ Dresden, Dept Polit Sci, D-01062 Dresden, Germany
关键词
European Commission; European Central Bank; Euro crisis; theories of European integration; INTEGRATION; INTERGOVERNMENTALISM;
D O I
10.1080/07036337.2015.1101957
中图分类号
D81 [国际关系];
学科分类号
030207 ;
摘要
The protracted euro area crisis has led to a resurgence of academic interest in integration theories. In a recent piece in this journal, Bauer and Becker argue that the euro crisis allowed the European Commission to strengthen its role in economic governance, in particular with regard to its implementation powers. Contrary to Bauer and Becker's claim, I contend that the euro crisis has resulted not in strengthening the Commission. Rather, the Commission is undergoing "subtle disempowerment", that is, a gradual transfer of decision-making authority and resources from the Commission to the intergovernmental level and to the European Central Bank. I illustrate the Commission's subtle disempowerment along three dimensions: the creation of the intergovernmental European Stability Mechanism; enhanced oversight mechanisms of the Commission via the troika constellation; and the creation of the European System of Financial Supervision, Banking Union and Single Supervisory Mechanism under the aegis of the European Central Bank.
引用
收藏
页码:95 / 100
页数:6
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