Introduction : The governance of the transformation of Europe's economic, political, and constitutional constellation since the euro crisis / Mark Dawson, Henrik Enderlein, & Christian Joerges -- Towards an ever closer economic and monetary union? The politics and economics of exploratory governance / Henrik Enderlein -- Making the euro thrive for the next 100 years : what is needed, and what is missing? / Marcel Fratzscher -- Rebalancing and completing the European Monetary Union / Loukas Tsoukalis -- Rebalancing the governance of the euro Area / Jean Pisani-Ferry -- Opening pandora's box? The crisis and the EU institutions / Mark Dawson -- Emerging from the euro erisis : the institutional dilemmas of a political union / Sergio Fabbrini -- The role of courts in the wake of the Eurozone Crisis / Alicia Hinarejos -- Banking on union : EU governance between risk and uncertainty / Michelle Everson -- Europe's legitimacy in the crisis / Christian Joerges -- The inter-democratic deficit of the European Union / Daniel Innerarity -- Political legitimacy, credible commitment, and euro governance / Albert Weale -- Paradoxical Europe : the Eurozone Crisis and the unanticipated consequences of integration / Maurizio Bach -- Constitutionalism and the law of the European economy / Christian Joerges -- Inequality in economic perceptions within and between EU member countries / Liam F. McGrath.

"In the wake of the euro crisis, the European Union has been transformed in many ways. Is it now on the right track? The euro crisis, the steps taken to manage it, and the resulting transformations have triggered a necessary process of reconsidering economic governance in the European Union. This volume- the third in a series of annual editions tackling different aspects of governance- examines the long list of open political, legal, and economic questions related to the functioning and fundamental structure of the Union as a whole and the economic and monetary union in particular. Organised in three main sections, the contributions to this collection bring the perspectives of different academic disciplines to bear on the functional aspects of economic governance, the institutional transformations that have taken place, and their implications for the Union's legitimacy. A separate chapter looks at inequalities in perceptions of economic conditions and well-being within the European Union to identify trends particularly during the eurozone crisis. In doing so, the chapters in this volume take stock of the current situation, shed light on the dilemmas and challenges that must be recognised and addressed, and explore various options for the way ahead. The collection's ultimate goal is to assess whether the recent transformations lead EU governance in the right direction or require further adjustment."--Dust jacket.