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By Xenophon Contiades

This e-book is the 1st to deal with the multi-faceted impact of the worldwide monetary situation at the nationwide constitutions of the nations most influenced. via tracing the effect of the situation on formal and casual constitutional swap, sovereignty concerns, basic rights defense, regulatory reforms, jurisprudence, the augmentation of government strength, and alterations within the social gathering approach it addresses all components of the present constitutional legislations discussion and goals to develop into a reference e-book in regards to the interplay among monetary crises and constitutions. The publication contains contributions from favourite specialists on Greece, Hungary, Iceland, eire, Italy, Latvia, Portugal, Spain, the united kingdom, and the united states supplying a serious research of the consequences of the monetary drawback at the structure. The volume’s vast comparative bankruptcy pins down targeted constitutional reactions in the direction of the monetary situation, development an explanatory thought that bills for the various methods constitutions answered to the predicament. How and why constitutions shaped their reactions within the face of the monetary situation unravels through the ebook.

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How and why constitutions took each path and formed their reaction in the face of the financial crisis becomes apparent through the course of each chapter. PART I Constitutional Reactions in Comparative Perspective Chapter 1 How Constitutions Reacted to the Financial Crisis Xenophon Contiades and Alkmene Fotiadou In my beginning is my end. In succession Houses rise and fall, crumble, are extended Are removed, destroyed, restored, or in their place Is an open field, or a factory, or a by-pass. S.

Eliot, Murder in the Cathedral Setting the Table The study of constitutions in the context of the global financial crisis can be structured through two distinct questions: how can constitutions help in the crisis and what happens to constitutions during such crises? Much is expected from constitutions, perhaps more than they can achieve, and even more happens to them as they are impacted in multiple ways. How a crisis is experienced and the implications it has are bound to surface in response to the ‘what happened to you’ question.

A common theme is emerging, producing a shared jargon stemming from the way constitutional rights are subjected to limitations that serve the public interest, the concomitant construction of the common good notion in terms of facing a financial crisis, novel conceptualizations of emergency and the deviations it permits, and inventive uses and misuses of proportionality creating a case law with distinct characteristics. Often within this jurisprudence more commonalities may be found than between the crisis-related rulings of a specific court and its prior case law.

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