Reforms of Economic Governance- ELGS Summer Course

ELGS Summer Intensive – Global Administrative Law in practice

Reforms of Economic Governance, ιn the European and Global Context.  

OPEN FOR APPLICATIONS

Academic Supervision: Professor Sabino Cassese, former Judge, Constitutional Court of Italy with the support of Professor Edoardo Chiti, University of La Tuscia, Italy

24-28 July 2023 – ELGS campus Legrena, Sounion GR

Will run in situ this year.

With the publication in November 2022 of a Communication setting forth its orientations for a review of the EU economic governance framework, the European Commission has resumed a long-going debate among policymakers and academics and triggered a remarkable process of reform, destined to shape the EU economic governance for the next decade.

This week-long summer school provides a unique forum for a critical discussion on such process of reform. The course will open by situating the ongoing reform of the EU economic governance framework in its wider economic and political context. It will then address the key institutional and legal issues of the new framework for EU’s economic policy coordination and surveillance. Specific attention will be paid to the new policy modes, implementing and enforcement mechanisms, and accountability tools, all considered as crucial institutional innovations of the EU and global legal landscape. The idea is to discuss the reform of the EU economic governance framework both from a theoretical and practical perspective, by making use of active learning methodologies and relying on participants’ involvement in the discussion of the main legal and institutional issues at stake.

Designed for:

This is a generic course addressed to undergraduate and post-graduate students in law, economics and political science, as well as civil servants and legal practitioners: legal advisors, lawyers and officials of international organizations and domestic administrations who seek ways to enhance their professional skills by keeping up-to-date with emergent global regulation issues.

The participants will attend courses in the various fields conducted by eminent professors from prestigious Universities from all over the world. All the courses will be seminar-like classes and colloquia, and the active class-participation will be encouraged.

Cost of the Program:

The cost is 490€.

Applications deadline: July 14, 2023 (extended)

How to apply: Applicants should submit an updated CV and letter of motivation in English to summerschools@elgs.eu  Information at T: +30 211 311 0 671

Program 2023

This year the program will run on premise from 24 to 28 July from 10.00-17.00, under the title “Global Administrative Law in Practice: Reforms of Economic Governance, in the European and Global Context”. Ιt will include one day of study visit in Athens and other social and cultural events.

INTRODUCTION 24 March, 2023 “Explaining the reform of the EU economic governance framework”

Professor George Pagoulatos, Director General of the Hellenic Foundation for European and Foreign Policy (ELIAMEP), Professor of European Politics and Economy at the Athens University of Economics and Business (AUEB), and Visiting Professor at the College of Europe in Bruges.

PART 1 “Coherence of the new economic governance with the Treaty framework”

Prof. Maurizia De Bellis, Università di Roma Tor Vergata

The first part of the course will examine the coherence of the new economic governance with the Treaty framework. In the last decade, the transformation of the fiscal rules has moved through the amendment of secondary EU law, and through the approval of two intergovernmental treaties – the 2012 treaties on the European Stability Mechanism (TESM) and on Stability, Coordination and Governance in the Economic and Monetary Union (TSCG). The EU’s landmark answer to the Covid crisis – the Next Generation EU (NGEU) – has also been approved on the basis of existing Treaty provisions. However, the last decade has also been marked by several legal challenges against some of these initiatives, often arguing that they would exceed the EU’s competences. This judicial trend suggests that the assessment of the legal basis of any reform of the EU economic governance is a particularly delicate exercise. What are the legal bases for the proposed changes? Could all the proposed amendments be approved through the ordinary legislative procedure? What are the consequences of some of the principles established by the Court of Justice in its case law of the last decade for the EU economic governance framework? Should reforms that were often proposed in the debate – such as the one on the building of a fiscal capacity – be added and would they need a Treaty revision?

A further topic that will be analyzed is the one of the shifting dynamics among EU institutions. After the trend toward intergovernmentalism that marked the EU responses to the debt crisis, in the aftermath of the pandemic and in the Recovery and Resilient Facility (RRF) the Commission has been called to perform the key role of approving and monitoring the national recovery and resilient plans (NRRPs). Against this background, how do the respective roles of intergovernmental and supranational bodies shift in the proposed reform of the EU economic governance? And how far does the proposed reform build on the NGEU model? Coupled with this second topic, is the one of the legitimacy and accountability of the governance framework. Do the existing instruments intended to guarantee the accountability of these bodies match the role that they are called to play in the reformed economic governance? How could the transparency of their action be improved?

The objective of this first part of the course is twofold: on the one hand, it aims at providing the students of theoretical knowledge concerning the constitutional framework within which the reformed economic governance can be built; on the other hand, it aims at enabling the students to gain the ability to develop a critical understanding of how the balance among institutions can shift and what are the instruments of accountability that can be used in such framework.

PART II “The revised EU economic governance framework in practice: basic concepts, actors, and procedures. Compliance assessment and enforcement mechanisms. Practical exercise”

Dr. Giuseppe Sciascia, Policy Officer at the European Commission – DG REFORM

The second part of the course enters into the micro-analysis of the Commission’s proposal. Simplification, increased efficiency, and enhanced effectiveness are core objectives of the proposed revision of the European economic governance framework. The success of this overhaul will critically rest on its capacity to deliver long term economic stability and sustainable economic growth to Europe, against a background of uncertainties and challenges brought by the transformation of global markets, historical socio-demographic changes, creeping geopolitical tensions, and a clear need to secure the resilience, sustainability, and autonomy of the European economy. To achieve these objectives, the Commission proposal for the review of the framework leverages on three pillars: a strengthened national ownership based on fostered planning; a focus on fiscal risks; an enhanced enforcement system. How will the building blocks of the new framework work in practice? What will be the main changes compared to the current system? What will be the main components of the new national fiscal-structural plans? How will the Commission ensure their monitoring and assess compliance? How will enforcement mechanisms change?

This specific part of the course aims at achieving three objectives: provide participants with a clear, practical, and accessible understanding of the key concepts that define the revised framework; enable participants to understand the functioning of the proposed revised framework and identify the differences with the current one; identify the possible challenges that might arise from the implementation of the framework. This specific part of the course will combine frontal presentations by the instructor with exercises based on mock-up cases to promote interaction among participants and stimulate critical thinking.

Online guest lecture by Dr. Diego Valiante, Senior Officer/Team Leader at European Commission & Adjunct Professor at Università di Bologna.

Topic: “The Banking Union and Capital Markets Union frameworks and their links with the financial governance of the EMU”.

Guest Lecture in situ by Dr. Konstantina Georgaki, Policy Officer at European Commission (DG FISMA), Brussels, Resident Lecturer, European Law & Governance School, Greece.

Topic: “Assessing compliance with the EU Economic Governance Framework: Past, present and future challenges”.

Two cultural visits on Tuesday & Friday and a  one-day field trip with a social event are part of the program.

Field trip, coordinated by Dr. Katerina Perrou, Post-Doctoral Fellow, National and Kapodistrian University of Athens Law School, Legal Counsel to the Governor of the IAPR at the Independent Authority for Public Revenue (IAPR)

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