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Proposal for a Pact for National Responsibility Through EU Solidarity Within the Present EU Architecture

In: Financial Crisis Management and Democracy

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  • Christian Ghymers

    (IRELAC)

Abstract

This Chapter shows that there still exist urgent actions possible with existing tools and procedures for breaking the prisoner dilemma through modalities of solidarity leading to more responsibility. These feasible solutions are simple recipes based upon past experiences for opening again the European Union (EU) win–win game by activating conditional incentives able to enhance channelled financial market reactions favourable to adjusting countries, preventing self-fulfilling speculation and benefiting the whole EU.

Suggested Citation

  • Christian Ghymers, 2021. "Proposal for a Pact for National Responsibility Through EU Solidarity Within the Present EU Architecture," Springer Books, in: Bettina De Souza Guilherme & Christian Ghymers & Stephany Griffith-Jones & Andrea Ribeiro Hoffmann (ed.), Financial Crisis Management and Democracy, edition 1, chapter 0, pages 337-344, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-54895-7_22
    DOI: 10.1007/978-3-030-54895-7_22
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