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Abstract

The Eurozone crisis forced the European Union (EU) to reconcile with the absence of supranational macroeconomic and fiscal coordination within its Economic and Monetary Union (EMU). Efforts to minimise this imbalance are seen in the creation of the European Semester, a comprehensive framework that includes the issuing of voluntary Country-Specific Recommendations (CSRs) by the Commission to EU member states. This paper analyses Swedish CSR compliance and argues that Sweden’s persistent level of non-compliance is caused by contrasting positions that exist between the Swedish government and the Commission in the area of European macroeconomic integration. This contrast sees the Swedish government actively working to resist participation in supranational macroeconomic governance; the same policy area that the Commission is concurrently working to strengthen through the Semester. This paper also highlights the continued power that individual member states have to act in their domestic interests in the arena of European macroeconomic governance.

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.

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