Skip to main content
Go to the home page of the European Commission (opens in new window)
English English
CORDIS - EU research results
CORDIS

Legal rights and the political economy of debt and austerity in Europe

Objective

This research project will explore the Greek debt and austerity crisis to consider what it discloses about the influence of European political economy on the principles and practices of legal rights, and with what implications. The term ‘legal rights’ in this work includes human rights as well as the international rights of states and these respective approaches underpin the two component parts of this study. This is a multidisciplinary study that assumes the validity of law as a means of advancing the cause of justice, but recognises that it is shaped in important ways by other dominant narratives. This study is an exploration of that clash of narratives and its effects on justice in Europe.
The first part of this research project is animated by the idea of ‘social rights as fiscal risks’, an idea that finds expression in the latest Memorandum of Understanding (MoU) of August 2015 between the international creditors and Greece. In exploring the means through which human rights safeguards are being made to disappear under fiscal targets, a case study on the influence of austerity reasoning on what constitutes the public interest as a human rights concept will form part of the first section of the project. The second part of this research project will explore the legality of the bailout agreement when measured against the principle of economic self-determination. A preliminary review of the same MoU would seem to offend any reasonable form of economic self-determination, a principle with a long pedigree in international law and demands by states of sovereignty over their economic affairs. Taken together, the two studies will expose ways in which rights are being shaped by the intellectual justifications, logic and practice of economic and financial policy as played out under the European crisis of debt and austerity.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

You need to log in or register to use this function

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-IF-EF-ST - Standard EF

See all projects funded under this funding scheme

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-IF-2015

See all projects funded under this call

Coordinator

EUROPEAN UNIVERSITY INSTITUTE
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 86 238,60
Address
VIA DEI ROCCETTINI 9
50014 Fiesole
Italy

See on map

Region
Centro (IT) Toscana Firenze
Activity type
Higher or Secondary Education Establishments
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 86 238,60
My booklet 0 0