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No coordination without representation

Terzi, Alessio, (2015), “No coordination without representation”, Bruegel publications. 8 Οκτωβρίου

Further democratic legitimacy is a pre-requisite to economic union. This article explores how economic policies in the euro area should be coordinated, but this cannot be done in a mechanical rules-based manner. Arguing the contrary suggests a cavalier understanding of the complexity of economic policymaking.

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