The Project

   As the EURO completes its first decade of existence, the EU faces one of its most acute crises, challenged to make the necessary leap forward championing further integration over national strategies and policies. In this context, specialized research on the impact of EU integration has become more significant than ever. Hence, over the period 2012-2014, the project aspires to the establishment of a joint working group of Jean Monnet Chairs and Professors of European Integration Studies that will serve as a centre of contemporary academic research having as end users members of civil society. Its main objective is to act as a pool of human and documentary resources from several Universities located mainly in Western and South-Eastern Europe (as the next region of EU expansion), establishing a network of scholars of joint research on the impact of EMU policy. The profile of this Research Group is bound to be multidisciplinary due to the multidimensional nature of the EU. Hence, all partners stem from a wide range of disciplines such as Economics, Political Economy, European Integration Studies, Law and Political Sciences.

    The research focus of the Jean Monnet Multilateral Research Group is traced on the field of European Political Economy of the EMU. The Group’s central concern is to examine the relationships between states and markets in Europe as well as the change in these relationships due to economic, monetary and political integration. If anything, the recent crisis of the EU has highlighted the fact that the idea of a closer Europe is running up against institutional and economic fatigue. In this respect, we aim to examine how the operation of the Single Market and the monetary union interact with the political economy of European states inside and in the neighbourhood of the Community, a question of paramount importance for the EU’s final destination.

  Thus, the research focus of this project will be centred around five Research Pillars (R.P.):

1)       the EMU’s impact on Trade and Wealth Distribution,

2)       the EMU’s impact on Economic Transformation and Development on:

a) EU member States

b) states aspiring to EU membership

c) SMEs

3)       the EMU’s impact on Governance & Institutional Change on:

a) EU member States

b) states aspiring to EU membership

4)    the EMU’s impact on the relation between States and Markets: Economic Convergence and  Fiscal Integration,

5)       the EMU’s impact on Financial Markets and the European Banking System.