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2018 | OriginalPaper | Buchkapitel

8. The Future of Europe: Bridging the Gap Between Moral Hazard and Solidarity

verfasst von : Dóra Győrffy

Erschienen in: Trust and Crisis Management in the European Union

Verlag: Springer International Publishing

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Abstract

Within the context of discussions on the future of Europe, the last chapter asks how the EU can contribute to the strengthening of institutions at the domestic level. It is argued that precautionary measures are more desirable than strengthening punishment mechanisms—the integration of institutional development into EU competitiveness and regional policy and reducing moral hazard on the financial markets are more likely to succeed in building a resilient institutional framework than enhancing Article 7 although that also appears a necessary step. The main conclusion from the chapter is that stronger domestic institutions and higher level of trust are necessary to bridge the gap between concerns of solidarity and moral hazard, which arise from plans about deeper integration.

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Titel: The Future of Europe: Bridging the Gap Between Moral Hazard and Solidarity
verfasst von: Dóra Győrffy
Verlag: Springer International Publishing
Buch: Trust and Crisis Management in the European Union
Print ISBN: 978-3-319-69211-1

Electronic ISBN: 978-3-319-69212-8

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-3-319-69212-8_8