Skip to content

Research project

ADEMU - A Dynamic Economic and Monetary Union

This Horizon 2020 Research and Innovation Action (RIA) project, led by Prof. Raimon Marimon, aimed to assess and strengthen the sustainability of the European Economic and Monetary Union (EMU).

The primary focus of the ADEMU project, a collaboration of eight universities, is the impact of macroeconomic and social imbalances on economic stability.

As Europe emerged from a debt crisis and associated deep recession in the early 2000s, the timeliness of ADEMU’s research focus was highly evident:

“In response to these developments, a number of important steps were taken towards redesigning the institutional architecture of EMU, based on a roadmap in the Van Rompuy Report (2012). But these institutional innovations – and especially the ‘fiscal compact’, the ESM, the SSM and the SRM – have relatively weak theoretical foundations. In particular, there is a noticeable gap between policy-oriented analyses of the precise EU challenges, and the major developments in dynamic macroeconomic theory of the past three decades.”

Alongside Professor Ramon Marimon, who served as the scientific coordinator of the three-year project, 16 other EUI Professors in the departments of Economics and Law participated in the project’s research.

External Partners

Go back to top of the page