Books & ideas

Rebuilding a Monetary Union for Europe

Shahin Vallée — 2013-01-22T08:00:00Z

The crisis has cracked the intellectual and political consensus underpinning the architecture of the monetary union enshrined in the Maastricht Treaty. The mutualisation of economic risks cannot succeed without a profound rebuilding of the monetary union, involving a move towards fiscal federalism.

The Russian federation faced with the challenge of regionalisms

Annie Daubenton — 2010-04-01T11:01:09Z

Already troubled by the recognition of the independence of the Abkhazian and South Ossetian republics, many regional leaders in the Russian Federation are questioning Moscow's control, and accuse Moscow of managing the economic crisis in an authoritative way. The “power vertical”, the main axis of Putin's doctrine to maintain control over the Federation since 2000, could be weakened.

What is a Federation?

Renaud Baumert — 2009-11-19T13:11:40Z

When explaining European construction the Federal model is often alluded to, whether as a point of reference or as an ultimate goal. However we do have to be clear what this model means. For Olivier Beaud, Federation is a special form of political structure that cannot be grasped without detaching itself from the theory of the State.