J. Fitoussi & J. Le Cacheux 
Report on the State of the European Union 
Volume 3: Crisis in the EU Economic Governance

The Report on the State of the European Union examines the progress of European integration and focuses on economic aspects of the process. This third volume in the series explores the EU in light of the current crisis.

Table of Content

Europe’s Economic Problem is Political After All! Globalization and the Twin Protections Euro Area Polices and Macro Economic Performance, Ten Years On: Institutions, Incentives and Strategies Fiscal Discipline as a Social Norm: The European Stability Pact The ECB’s Quiet Hijacking of the Euro Area’s Exchange Rate The Irish Tiger and the German Frog: The tale of Size and Growth in the Euro Area Funding the EU Budget with a Genuine Own Resource: The Case for a European Tax The EU Environmental Strategy If it’s Broken, Don’t fix it: The Government of the Euro area in the EU ‘Reform Treaty’

About the author

JEAN-PAUL FITOUSSI is President of the French Observatory Economic Situations (OFCE), France.

JACQUES LE CACHEUX is Professor of Economics at the French Observatory Economic Situations (OFCE), France.