Schmidt Publishes Journal Article on Governance in the Euro Crisis
Vivien Schmidt, Professor of International Relations and Political Science at the Frederick S. Pardee School of Global Studies at Boston University, co-wrote a recent journal article on the changing modes of governance in the Euro crisis. Schmidt co-wrote the article with Martin B. Carstensen.
Schmidt’s article, entitled “Power and Changing Modes of Governance in the Euro Crisis,” was published in Governance.
From the abstract of the article:
Which European Union actors are most powerful in the governance of the euro crisis? The euro crisis has reignited the classic debate between intergovernmentalists, who tend to stress the coercive power of dominant member states in the European Council, and supranationalists, who maintain that through the use of institutional power, the Commission, and the European Central Bank turned out the “winners” of the crisis. This article argues that euro crisis governance is best understood not just in terms of one form of power but instead as evolving through different constellations of coercive, institutional, and ideational power that favored different EU actors over the course of the crisis, from the initial fast‐burning phase (2010–2012), where the coercive and ideational power of Northern European member states in the European Council was strongest, to the slow‐burning phase (2012–2016), when greater influence was afforded supranational actors through the use of ideational and institutional power.
Schmidt is Jean Monnet Professor of European Integration at Boston University. Her research focuses on European political economy, institutions, democracy, and political theory. In 2018, she was appointed as a Chevalier in the French Legion of Honor — France’s highest honor. She has published a dozen books, over 200 scholarly journal articles or chapters in books, and numerous policy briefs and comments, most recently on the Eurozone crisis. Her current work focuses on democratic legitimacy in Europe, with a special focus on the challenges resulting from the Eurozone crisis, and on methodological theory, in particular on the importance of ideas and discourse in political analysis (discursive institutionalism). She is a 2018 recipient of a Guggenheim Fellowship for a US-EU comparative study of the ‘rhetoric of discontent.’