written by
Miró, Joan ; Natili, Marcello ; Schelkle, Waltraud
Money Makes the World Go Round: How Much Difference Do Recovery and Resilience Plans Make to EU Reform Governance? – Journal of Common Market Studies
scritto da
Miró, Joan ; Natili, Marcello ; Schelkle, Waltraud


The Next Generation EU (NGEU) package transformed European economic governance. This article examines the implications of this change in terms of EU polity formation and in terms of social policy content. It asks whether the temporary availability of large funds increases the leverage of the Commission in the European Semester and how this innovation affects sensitive policies. In the tradition of Stein Rokkan, the article advances a conception of the EU as a compound polity that needs to reconcile dispersed authority with second-order loyalty. We then contrast our theoretical expectations with traditional reform surveillance and experimentalist governance theories. The drafting of Recovery and Resilience Plans for Italy and Spain provides the empirical basis for assessing these expectations. The analysis shows a dual effect: adding fiscal capacity to the European Semester enhances the Commission’s hierarchical power whilst the need to ensure member states’ loyalty leaves room for national executives to insist on their priorities.

To cite this article:

Miró, J.Natili, M., and Schelkle, W. (2023Money Makes the World Go Round: How Much Difference Do Recovery and Resilience Plans Make to EU Reform Governance?JCMS: Journal of Common Market Studieshttps://doi.org/10.1111/jcms.13558.

#European Semester #fiscal governance #Next GenerationEU #Recovery and Resilience Facility #social policy
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Social Reformism 2.0 – Edward Elgar Publishing
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A social approach to climate change: Explaining the adoption of the Just Transition Fund
This project is funded with a Synergy Grant by the European Research Council under Grant Agreement n. 810356. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Research Council. Neither the European Union nor the granting authority can be held responsible for them.