Governance for the Eurozone: Integration or Disintegration?

This book contains the proceedings of the conference “Governance for the Eurozone: Integration or Disintegration?” that was held in 2012. In three sections, the individual chapters consider the role of public financial institutions in dealing with the crisis and discuss the possibilities and limits of fiscal policy support. Furthermore, the various authors reflect on the reform of the political and economic architecture and on the crucial question of how to reform the growth and stability pact and how to construct sound mechanisms for providing liquidity to governments and financial institutions. Finally, the contributions analyse how the European Union and the EU can coexist, whether Europe is developing towards a two-speed Europe and what the consequence of such a development would entail for the governance of the Eurozone.