Research-EMU's Impact

The research focus of the 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.

The project promotes research, reflection and debate on the EMU’s impact on the aforementioned fields and shares information and knowledge through the website and all other available means of communication (Web Conferencing, Social Network channels). In this respect:


·         To stimulate academic research on EMU’s impact (economic, political, governance, state economies).

·         To promote open dialogue on EU’s finalite and formulate policy proposals.

·         To have impact on policy-makers and policy-centres by forwarding them our research results (“Letter of initiative”) and through public consultation of results (best proposals emergence via Google Moderator technology).

·         To enhance the profile of the EU as a policy producing actor that has as a goal the prosperity, the well being European states and their peaceful and cooperating coexistence.


·         Emergence of a trans-national network of top quality researchers from old, new and aspiring member states of the EU.

·         Promotion of research through academic publications and the inclusion of research results in PhD Theses.

·         Promotion of the notion of the EU as a state-level actor with state-like attributes.

·         Involvement of Civil Society through open consultation  web platform for specific policy proposals concerning EMU’s better Governance and impact on national economies

·         Involvement of members of civil society through newspaper articles and the organization of the final conference that would be fully open to civil society.

E.R.S.G. Research Organizational Chart