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Předmět Financial Deficit or Democratic Deficit? (MVV184K)

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Osnova

Unit # 1Topics Covered:• Course Intro• The EMU Framework: introductionReading Material:European Commission:- About EFSF. http://www.efsf.europa.eu/ about/index.htm- European financial stability facility. http://ec.europa.eu/economy_finance/european_stabilisation_actions/efsf/index_en.htm- European financial stabilization mechanism (EFSM). http://ec.europa.eu/economy_finance/eu_borrower/efsm/index_en.htm- Financial assistance in EU Member States. Retrieved from http://ec.europa.eu/economy_finance/assistance_eu_ms/index_en.htmEuropean Central Bank:Technical features of outright monetary transactions http://www.ecb.int/press/pr/date/2012/html/ pr120906_1.en.htmlUnit # 2Topics Covered:• The Players: getting to know the architects of the ESM, appreciating to what extent the decision making process was ‘democratic’.Simulation-Game: building a better decision making mechanism?Reading Material:Maduro, M., De Witte, B., & Kumm, M. (2012). The democratic governance of the Euro, Policy Paper 2012/08. Florence: Robert Schuman Centre for Advanced Studies (RSCAS).http://cadmus.eui.eu/bitstream/handle/1814/23981/ RSCAS_PP_2012_08.pdf?sequence=1Unit # 3Topics Covered:• The ESM and Six Pack: assessment in terms of democracy.Class analysis: checks and balances.Reading Material:the ESM Treaty and the Six Pack legislation – see above.http://www.princeton.edu/~amoravcs/library/ after_crisis.pdfUnit # 4Topics Covered:• Supranational versus domestic: the constitutional dilemma.Simulation-Game: The citizen’s protest letterReading Material:Majone, G. (1998). Europe’s ‘democratic deficit’: The question of standards. European Law Journal, 4(1), 5-28.Majone, G. (2012). Rethinking European integration after the debt crisis. Working Paper No. 3/2012, London: The European Institute, UCL. http://www.ucl.ac.uk/european-institute/analysis-publications/publications/WP3.pdfOr:Moravcsik, A. (2002). In defence of the democratic deficit: Reassessing legitimacy in the European Union. Journal of Common Market Studies, 40(4), 603-624.Moravcsik, A. (2012). Europe after the crisis: How to sustain the common currency. Foreign Affairs, 91(3), 54-68. http://www.princeton.edu/~amoravcs/library/ after_crisis.pdfUnit # 5Topics Covered:• ESM meets reality: The Cypriot and Greek casesClass activity: press analysis.Reading Material:Habermass, J., Democracy, Solidarity and the European Crisis, in: Grozelier et al. (eds.), Roadmap to a Social Europe, pp. 4-13.http://www.abetterway.ie/download/pdf/roadmap_to_social_europe_sej_oct_2013.pdf#page=9Unit # 6Topics Covered:• Domestic (EU Members’) and External (IMF) intervention• Towards an ever closer EMU? The ‘5 Presidents’ Report’• Lessons for other EMU/EU countries• Course summaryClass activity:- find the differences (comparison with ESM support)- discussing the ‘5 Presidents’ report’Reading Material:the ‘5 Presidents’ Report’.Final Quiz: 90 minutes. 10 multiple choice questions. Based on the readings and class discussions.

Literatura

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Garant

JUDr. David Kosař, Ph.D., LL.M., J. S. D.

Vyučující

Prof. Nellie MuninJUDr. David Kosař, Ph.D., LL.M., J. S. D.