Putting ‘off-balance-sheet fiscal agencies’ under the control of the European Parliament could help democratise Eurozone governance

Guter-Sandu, Andrei ORCID: 0000-0003-3143-6555 and Murau, Steffen (2020) Putting ‘off-balance-sheet fiscal agencies’ under the control of the European Parliament could help democratise Eurozone governance. LSE European Politics and Policy (EUROPP) blog (24 Nov 2020). Blog Entry.

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Abstract

The Eurozone’s system of governance is often accused of lacking democratic legitimacy. Andrei Guter-Sandu and Steffen Murau write on the role of ‘off-balance-sheet fiscal agencies’, such as the European Investment Bank, European Stability Mechanism and Single Resolution Fund. They argue that the use of these institutions and mechanisms effectively constitutes a ‘fiscal ecosystem by stealth’ and that if this system were to be put under the control of the European Parliament, it could offer a channel for enhancing legitimacy.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/europpblog/
Additional Information:	© 2020 The Authors
Divisions:	Accounting
Subjects:	J Political Science > JZ International relations J Political Science > JN Political institutions (Europe)
Date Deposited:	08 Jan 2021 11:24
Last Modified:	14 Sep 2024 02:37
URI:	http://eprints.lse.ac.uk/id/eprint/107678

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