Includes bibliographical references and index.

Introduction / Javier Bilbao-Ubillos -- Economic crisis in the European Union : roots and structural weaknesses -- Great recession and economic policy : roots and consequences / Xos�e Carlos Arias and Ant�on Costas -- Financial supervision reform in the EU : a comparison with the UK and the USA / Isabel Argimon, Mar�ia Luisa Leyva and Cristina Luna -- The eurozone challenging institutional framework for economic policy / Ricardo Al�aez and Carlos Gil -- Why so slow? : the crisis and the structural weaknesses of the EU / Marco Ricceri Part II: Praxis of European Governance Facing the Economic Crisis : A critical assessment -- A critical look at European governance of the economic crisis : the rationale behind exit strategies / Javier Bilbao-Ubillos -- The myth of expansive austerity : questioning European macroeconomic policy during the crisis and its aftermath / Rafael Mu�noz del Bustillo -- Debt crisis and new economic governance : a conservative alternative to the European economic government / Francisco Rodr�iguez-Ortiz -- Austerity and financial instability / Emilio Ontiveros and Angel Berges.