Titlebook: Report on the State of the European Union; Volume 5: The Euro a Jérôme Creel,Éloi Laurent,Jacques Le Cacheux Book 2018 The Editor(s) (if ap

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978-3-030-40478-9The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl

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https://doi.org/10.1007/978-3-319-98364-6Euro; Governance; Convergence; Sustainability; Inequality; Economic policies

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Reforming the European Central Bankince 1999, the euro area has grown from 11 to 19 members, which raises the question of the decision-making process. This contribution looks back at these elements of the monetary governance of the euro area and suggests ways of reform that would improve the implementation of monetary policy. We talk

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Mitigating the Inequality Crisisompetition over mobile tax bases puts pressure on the progressivity of the overall tax system. In order to keep inequalities low, the EU needs to tackle tax competition, notably by introducing minimum tax rates on corporate income; it also needs to put an end to low wage growth strategies through a

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Toward a Well-Being Europeve toward a “well-being Europe”: first, put well-being and sustainability (not public finance discipline, growth, or finance) at the center of European policy; second, build a social-ecological state calibrated for the early twenty-first century where the inequality and ecological crises feed one an