Show Less

Informal Governance in the European Union

Edited by Thomas Christiansen and Simona Piattoni

This book addresses an issue of paramount importance concerning the politics of the European Union: aspects of governance and policy making in the EU that are labelled ‘informal’. Much of the literature on the EU focuses on the formal facets of EU politics, but uniquely, the subject matter within this book deals with informal aspects such as: the role of personal relationships, the presence of non-hierarchical policy-networks and non-institutional channels of interest representation, and the relevance of the unwritten rules and routines which govern these aspects of EU politics.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 11: Informality as an asset? The case of EMU

Jeannette Mak


Jeannette Mak INTRODUCTION Following the rationale, laid out in the introduction of this book, that informal governance may be regarded as a mechanism that holds together the contradictory system of the EU and makes it work against all odds, it seems obvious that Economic and Monetary Union (EMU) should be regarded as a crucial case study in this respect. It concerns a policy area with a particularly complex and vague division of competences that deals with a highly political and politicized subject, in which large and diverging interests are at stake. An enormous institutionalization and procedural development has taken place in a relatively short period. On the one hand, this may have demanded pragmatic yet rational solutions to unforeseen problems. On the other hand, this may have resulted in ad hoc provisions, which in turn have led to institutional voids that could be easily filled by informal methods. To what extent have openings been created for new modes of interaction between the main actors in the policy field? How has this changed relative positions, and what is its effect on methods of governance? And finally, how conscious have the various players been of this transformation? In other words, has this been regarded as a desirable change, and if so, by whom, and to what extent? ‘Informal governance’ refers to exchanges that are non-codified and not publicly sanctioned. With regard to EMU, it is not too difficult to detect this type of dynamics. Private relations between the European political, financial and...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.