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The Uk in Europe’s Economy and Europe’s Economy in the World
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19 May 2012 
London School of Economics and Political Science

The main aim of this congress is to raise the question whether the economic crisis is due to speculative behaviours and irrational debt policies or if it is the economic system itself, which favours the financial option rather than investment in human resources and a productive economy. The EU countries are clearly among the first who are suffering such distortions but at the same time they still aren’t confident with EU institutions to make common and shared decisions.

The congress focuses on which dimension is the proper one in order to deal with the economic crisis. Taking UK as the paradigm of “national” solutions the congress seeks to explore how countries with different cultures and historical paths put themselves toward
global economic threats.

    The Uk in Europe’s Economy and Europe’s Economy in the World



    9.40 ‐ 10.00: Registration

    10.00 ‐10.30: Opening Lecture

    10.30 – 11.45: Waiting for Godot? EU at the global stage

    Threatened by an internal and external economic crisis, EU seems to be far from playing a central role in the conception and the determination of global principles and rules. The recent debt crisis shows how an European coordination is fundamental to both resolving internal troubles and being perceived as an independent and accountable actor on the global stage. Since the balance of power has shifted to a multi‐polar shape, EU has the chance to influence the global decision making with its culture and tradition of democracy and power sharing. What would be the position of the main global actors toward a livelier EU?.

    12.00 – 13.15: EU and the Balkans: who needs whom?

    After twenty years of economic and political reconstruction the Balkan countries are asking themselves which advantages might accession to the EU bring; is the EU still a desirable option for emerging European countries?

    13.15 – 14.30: Lunch Break

    14.30 – 15.45: The latest solution: financial transaction tax

    The UK has recently refused to introduce a financial transaction tax. The city of London, the biggest financial market in Europe, is said to be the ruling subject regarding economic decisions taken in 10 Downing Street. How this affect a common European approach for tighter rules in financial global flows?

    16.00 – 17.15: Does EU suffer from a democratic deficit? A neverending contention

    The EU decision‐making mechanisms are renowned to be complex; several different actors ‐ nominated decision makers, elected politicians and bureaucrats ‐ need to be involved to make a decision. Underlining as such a twisted system leads to endless negotiations and ineffective policies, some scholars sustain that this process lacks of democracy and accountability. The sovereign debt crisis shows how the intergovernmental system wins the day when crucial issues need to be tackled. Can European Institutions be considered as adequately accountable and democratic? Are the European institutions ready to tackle the challenges posed by the economic crisis?

    17.15 – 17.45: Conclusions 

    Last update: 12/04/2012  |Top