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This book is the first study on the work of the Eurogroup - monthly informal meetings between euro area finance ministers, the Commission and the European Central Bank. Puetter convincingly demonstrates how this small, secretive circle of senior decision-makers shapes European economic governance through a routinised informal policy dialogue. Although the role of the Eurogroup has been contested since before the group's creation, its actual operation has never been subject to systematic evaluation. This book opens the doors of the meeting room and shows how an understanding of the interplay of formal provisions and informal processes is pivotal to the analysis of euro area governance. The book advances the conceptual understanding of informal negotiations among senior European and national decision-makers, and provides a unique in-depth analysis of historical episodes of policy coordination. As other areas of European decision-making rely increasingly on informal, voluntary policy coordination amongst member states, the Eurogroup model can be seen as a template for other policy areas.
The "African Yearbook of International Law" provides an intellectual forum for the systematic analysis and scientific dissection of issues of international law as they apply to Africa, as well as Africa's contribution to the progressive development of international law. It contributes to the promotion, acceptance of and respect for the principles of international law, as well as to the encouragement of the teaching, study, dissemination and wider appreciations of international law in Africa. A clear articulation of Africa's views on the various aspects of international law based on the present realities of the continent as well as on Africa's civilization, culture, philosophy and history will undoubtedly contribute to a better understanding among nations. The "African Yearbook of International Law" plays an important role in examining the tensions underlying the State in Africa, and by shedding more light on the causes of the fragility of African State institutions so as to facilitate the identification of appropriate remedies. The tension and interrelationships among issues such as territorial integrity, self determination, ethnic diversity and nation-building are constantly addressed. Development, human rights and democratization in Africa are also the subject of continuous attention and examination. The Special Theme of this volume is "Regional Economic Integration in Africa,"
From the first, specialization and coordination have presented governments with a conundrum: specialized program might be best for delivering one service to the public, but combining such programs for all public services inevitably produces costly redundancies and inefficiencies. In this long-awaited book, Guy Peters brings his expertise and extensive experience to bear on the problem of administrative and policy coordination. Through theory and four real-world case studies, he explores how—and whether—coordination can transform ordinary, flawed patterns of governing into more effective and efficient performance by the public sector. This timely work arrives at a moment when coordination is proving especially challenging—as popular approaches to public administration emphasize breaking larger public organizations into smaller, single purpose programs, and as a push to involve the private sector in policy development and implementation has increased government segmentation. For insights into the workings—and limitations—of coordination, or horizontal management, Peters draws on extensive scholarship as well as his own consulting work with governments including Finland, Serbia, Bosnia and Herzegovina, Canada, and Mexico. He highlights practical successes, and failures, of horizontal management in case studies of Homeland Security in the US; child protection in the UK; policymaking in Finland; and the operations of the European Union. In the process, Peters evaluates a full tool chest of “instruments” that might be used to enhance coordination. Combining theory and practice, and considering a wide range of public policy challenges, this book clearly and cogently presents the most comprehensive, in-depth, and detailed discussion available of policy coordination in the public sector—at a time when its insights are most urgently needed.
This paper examines how the effects of fiscal policies are transmitted internationally. The analysis emphasizes that fiscal shifts of recent years constitute major disturbances to saving and investment flows. An increase in a country's fiscal deficit corresponds to a higher level of public sector dissaving. For increased foreign saving to enter through the capital account, the current account deficit must rise via an appreciating real exchange rate. An autonomous rise in investment, such as that induced by US tax measures passed in 1981–1982, produces qualitatively similar effects in the short run. Simulations suggest that a permanent fiscal deficit reduction of 1 percent of capacity output in any one of the three largest industrial countries produces a significant decline in real interest rates and a large initial depreciation in that country's currency. US tax incentives for investment would induce higher interest rates and an appreciated dollar. Simulations of the combined effects of increased US investment and observed movements in inflation-adjusted deficits in all three countries in 1981–1985 suggest that substantial fractions of these interest and exchange rate movements were related to shifts in fiscal policy.
′The new handbook by Peters and Pierre provides an invaluable addition to the literature. It offers new scholars and practitioners a means to navigate many of the complex theoretical and practical issues in contemporary policy analysis′ - Mark Considine, University of Melbourne The public policies of governments affect the lives and livelihoods of citizens every day in every country around the world. This handbook provides a comprehensive review and guide to the study, theory and practice of public policy today. Section One, Making Policy, introduces the policy making process - the means by which public policies are formulated, adopted and implemented - and serves to review the many competing conceptualizations within the field. Section Two, Substantive Policy Areas, focuses on a number of substantive policy areas to consider both diversity and commonalties across different sectoral policy areas. Section Three, Evaluating Public Policy, addresses issues of policy analysis more directly and assesses successes and failures in public policy in an attempt to answer the question ′what is good policy?′. The concluding chapter considers the different disciplinary contributions to the research and study of public policy both retrospectively and prospectively. Drawing contributions from leading academics and policy analysts from around the world, the handbook illustrates the changing role of governments vis-à-vis the public and private sector and the different policy actors (national and international, governmental and non-governmental) involved in the policy making process. It will be an essential companion for all advanced undergraduates, graduates, academics and practitioners across public policy and public administration, public management, government and political science.
2017 marked the 60th anniversary of the signing of the Treaty of Rome and the starting point for today’s European Union. Since then, the project has indisputably come a very long way and has undergone major changes in direction. However, one constant throughout has been the central role played by France. This important milestone is used to take stock of the relationship between France and Europe. The enclosed chapters cover a broad range of issues relating to the past, present and future, investigating Franco-European relations via the optic of a wide range of debates. These include: the issue of Europe in French presidential elections the impact of the European question on the development of the two major political forces (of left and right) in France, and its role in their internal tensions; Europe as a key consideration in French macro-economic policy France's Algerian question and missed opportunities to extend 'Europe' to its North African neighbour; Charles de Gaulle’s role in defining the EU’s structures for transnational democratic politics. Sixty years on: France and Europe from the Treaty of Rome to the 2017 elections assess how and why Europe matters in our understanding of contemporary France, and contributes to the important and ongoing research agendas for the study of France and the European Union. The chapters were originally published in a special issue of Modern & Contemporary France.
Monetary arrangements of nation states are imbedded in a range of political, cultural, economic and historical factors. Will mechanisms of these kinds eventually develop at the European level? Can national structures adapt to meet the challenge?