WP n.16 - 01/2017 - Why Grexit cannot save Greece (but staying in the Euro area might)11 Jan 2017
C. Iordanoglou & M. Matsaganis
ABSTRACT - Grexit was narrowly averted in summer 2015. Nevertheless, the view that Greece might be better off outside the Euro area has never really gone away. Moreover, although Marine Le Pen’s bid for the French presidency was frustrated in May 2017, in Italy a disparate coalition, encompassing Beppe Grillo’s Movimento Cinque Stelle as well as Matteo Salvini’s Lega Nord, has called for a referendum on exiting the Euro. In this context, our argument that Grexit cannot save Greece may be of some relevance to national debates elsewhere in Europe. The paper examines the case for Grexit by offering a detailed account of its likely effects. Its structure is as follows. Section 2 analyses the transition, with the two currencies (old and new) coexisting. Section 3 charts the challenges facing the Greek economy in the short term, after the new national currency has become legal tender. Section 4 assesses prospects in the medium term, with Grexit complete and the new currency drastically devalued. Section 5 reviews the underlying weaknesses of Greece’s growth regime and explains why these are unrelated to the nominal exchange rate. Section 6 discusses the conditions for an investment-led recovery, and shows why tackling them would be more difficult outside the Euro area. Section 7 sums up and concludes.
M. Ferrera, in F. Vandenbroucke (ed.), A Social Union after the Crisis, Cambridge: Cambridge University press, 2017
Impatient politics and social investment: the EU as ‘policy facilitator'20 Sep 2016
M. Ferrera, in Journal of European Public Policy, vol. 24, no. 8, 2017, pp. 1233-1251. Also published online on 19 September 2016.
Reorienting the welfare state towards social investment (SI) constitutes a complex and multidimensional challenge of policy recalibration and raises daunting political problems. The temporal mismatch between SI reforms and their returns requires a degree of ‘political patience’ on the side of both current voters and incumbent politicians which is not readily available in contemporary democracies. After reviewing recent debates about the policy and politics of the long term, the article analyzes the strategy pursued by the European Union (EU), with a view to assessing their degree of ‘conduciveness’ to SI recalibration. It is argued that the EU has indeed stimulated policy change at the national level, but that its potential as SI facilitator has been hamstrung by a number of weaknesses and shortcomings, especially on the discursive front. A more convinced and articulated endorsement of the social investment paradigm and a more focused attention to ‘capacity’ at the subnational and grass-root level should be the fronts to prioritize.
The paper is available here.
WP n.10 - 08/2016 - Which legitimacy for the European Union? An analysis of the President of the Commission’s State of the Union Addresses (SotEU)16 Aug 2016
P. Pansardi and F. Battegazzorre - ABSTRACT
In this article, we investigate whether and in which way the institution of the State of the Union Address, delivered annually by the President of the Commission to the European Parliament, has provided a setting for communication and top-down legitimation of the EU. Our analysis is based on a qualitative content analysis of the five State of the Union speeches delivered between 2010 and 2015, and is aimed at identifying the discursive legitimation strategies employed in the speeches and the particular conception of the legitimacy of the EU that emerges. Our findings show the presence of a number of elements of discontinuity that characterize the passage from the speeches by Barroso (2010; 2011; 2012; 2013) to the one pronounced by Juncker in 2015, and highlight a difference both in the discursive legitimation strategies employed and in the conception of the legitimacy of the EU that they promote.
WP n.9 - 07/2016 - To craft a Union: Union-leadership and transnational statecraft13 Jul 2016
F. Stamati - ABSTRACT
This paper proposes the concept of Union-leadership for the study of polity-building at the EU level. It draws on Ferrera’s diagnosis of a de-conciliation between market-making and market-correcting developments in European integration in order to formulate the following puzzle: why political agency is letting the EU polity project falter? The concept of Union-leadership is presented as a tool to tackle this question from a Weberian perspective. The paper is structured as follows. The first section tentatively formulates the concept of Union-leadership. The second specifies the logic of action of Union-leadership within a neo-Weberian framework. The third one further develops the concept by discussing a number of qualifications needed to sharpen the analytical focus on personality and statecraft. The paper concludes by assessing the limits and prospects of Union-leadership for studying the current political crisis of the EU.
Public request for offer on Survey Management01 Jun 2016
The REScEU project is looking for an University/Institution/Private company to subcontract the management of an élite survey and a mass survey, that falls withbin the scope of the project, in six European countries, i.e. France, Germany, Italy, Poland, Spain, and the United Kingdom. For the details of the surveys please consult the Document of Work you may find in the webpage dedicated to the "project". The content of the questionnaire will be provided by the REScEU team. With the results of the surveys, the REScEU team will produce reports and papers, maintaining the intellectual property of the results. The surveys must be conducted between September and December 2016.
ELITE SURVEY: The target groups for the elite survey are national MPs and former MPs in the six countries. A total of n=70 interviews need to be conducted in each country (total 420 interviews). The questionnaire's lenght is estimated in 20 minutes.
MASS SURVEY: The mass survey comprises 1,250 respondents per country (total 7,500 interviews) interviewed using a mixed-mode approach (CATI-CAWI). The questionnaire's lenght is estimated in 20 minutes.
In your offer, please specify:
- whether the offer covers the mass survey, the élite survey, or both surveys.
- description of your services and of the personnel devoted to the REScEU surveys
- methodology for the mass survey
- methodology for the élite survey
- cost for the mass survey
- cost for the élite survey
- any other cost associated to the survey
- timeline of the work
- payment method
Please note that REScEU project is subject to VAT exemption.
The latest EuVisions article by Giulia Bistagnino and Carlo Burelli, on the brexit issue is featured on Linkiesta
Interview with Radio 24 on euvisions.eu13 Jun 2016
Piero Tortola, one of REScEU's researchers and director of EuVisions was interviewed by Federico Taddia on Radio 24, during the programme "L'altra Europa", which deals with the current EU themes. You may find the interview here from minute 10.00 http://www.radio24.ilsole24ore.com/programma/altra-europa/trasmissione-giugno-2016-130140-gSLAotvggB
On 24 May Maurizio Ferrera gives a public lecture at The Max Planck Institute for the Study of Societies.
Since Italy’s entry into the ERM in 1978, the strategic goal of the country’s center-left elites has been to firmly anchor Italy’s unstable and weak political economy within “Europe.” Pursuing this goal has been a balancing act: molding an external constraint in Brussels to make it domestically “manageable”; forcing compliance at home through structural and institutional reform. Admission into the EMU with the first group of countries in 1998 was an emblematic sign of success: Italy was able to become a “pupil” of the top league of Europe. But it remained an (increasingly) bad pupil, especially under Berlusconi. When the crisis hit in 2008, Italy’s political economy quickly became a shambles again. The risk of being downgraded to a “program country” under Troika surveillance loomed on the horizon. As in the early 1990s, a technocratic government, led this time by Monti, adopted a harsh reform package and tied the country’s hands with a much stricter external constraint: the Fiscal Compact. In 2014, Italy exited the EU’s EDP and MIP procedures: back to the classroom. Under Letta and, more openly, under Renzi, Italy has also become more assertive, in an attempt to re-mold the external constraint in a more favorable direction. It remains to be seen whether the country’s political economy will be able to fully overcome the crisis and sustain the European political ambitions of the Renzi government.
Rotta di collisione. Euro contro welfare?18 Feb 2016
Rotta di Collisione. Euro contro welfare? is the new book by Maurizio Ferrera.
ABSTRACT: The Europe of constraints and sanctions has exceeded the limit. We need new ideas to reconcile economic integration and the European social model. Is the EU weakening the social status of its member countries? Why is it so hard to bring together national solidarity and European economic integration? These questions spring from the decisions taken in recent years by the EU supranational authorities, which especially affect young people and the most vulnerable sections of the population. The reconciliation between welfare and Europe is no "mission impossible". However, it requires an ambitious intellectualand political effort. Maurizio Ferrera proposes concrete ideas to move in this direction and urges the national elites and the Brussels authorities to engage to strengthen the EU and improve its ability to ensure social protection and external security. That is the only way for the European project to produce widespread benefits and regain the lost legitimacy.