Madariaga - College of Europe Foundation

Madariaga - College of Europe Foundation
L'Euro, le modèle et la puissance/The Euro, the Model and the Power

September 2013 

L’Euro, le modèle et la puissance, dernier livre de Pierre Defraigne argumente que l’UE est confrontée non pas à une, mais à trois crises étroitement imbriquées dans lesquelles se jouent à la fois son unité et la possibilité même de la démocratie en Europe.

Crise systémique du capitalisme de marché occidental d’abord, dont les symptômes sont le surendettement, la croissance zéro et un chômage structurel politiquement et financièrement insupportable. L’Europe ne s’en sortira que par la mutualisation et la restructuration des dettes dont le niveau est désormais incompatible avec les taux de croissance réalisables dans le futur prévisible. Mais pour l’avenir, l’UE doit surtout viser à l’échelle du continent à une régulation effective du capitalisme de marché, en particulier du gigantisme industriel et financier, et de l’arbitrage fiscal par le capital mobile (grandes entreprises et grandes fortunes).

Crise de gouvernance de l’euro ensuite en raison de l’absence de mécanismes robustes de recyclage des surplus et des déficits, à travers un budget central et une union bancaire.

Crise d’identité enfin d’une EU-28 soumise au choc d’élargissements massifs et précipités, et de ce fait toujours plus hétérogène.

Deux axes doivent guider le redressement à partir de la zone euro, noyau pionnier d’une unité politique: d’un côté, la convergence des économies nationales vers un modèle social commun articulé sur l’innovation et la réduction des inégalités; de l’autre le saut vers une défense européenne au sein de l’Alliance atlantique, condition préalable d’une véritable politique étrangère.

L’intégration politique de l’Europe autour du modèle social encapsulé dans la monnaie et de la défense, outil de l’autonomie européenne,  est la seule voie possible pour réguler le capitalisme global et pour traiter directement sur pied d’égalité avec les puissances continentales en émergence, sans passer par les Etats-Unis. L’unité politique est désormais la condition même de la possibilité de la démocratie en Europe.

Ce livre est publié en version bilingue français/anglais. 

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The Euro, the model, the power, the latest book by Pierre Defraigne argues that the EU is facing not one, but three interlinked crises, within which both European unity and the possibility of democracy are being played out.

First is the systemic crisis of Western market-capitalism. The symptoms of this are excessive debt, zero growth, and, politically and financially, unsustainable structural unemployment. Europe only will solve this by mutualising and restructuring debts, whose levels are incompatible with desired growth rates for the foreseeable future. The EU needs, above all else, to take a continent-wide perspective to effectively regulate global market capitalism, especially with regard industrial and financial gigantism, and the practice of tax arbitrage by mobile capital (big companies and big fortunes).

Secondly, there is a crisis of euro governance, brought about by the lack of robust mechanisms to recycle surpluses and deficits via a central budget and banking union.

And finally the European identity crisis; that of an EU28 which has been subjected to the shock of massive, hastily implemented enlargements, and thus increasingly heterogeneous.

The recovery from these crises, must start in the euro-zone itself since it provides the pioneering kernel of political unity, and should be guided by two initiatives:  the convergence of national economies towards a common social model based on innovation and the reduction of inequalities; and the move towards a European defence system within NATO, a prerequisite for genuine foreign policy.

The political integration of Europe, built around a common defence and a social model encapsulated in the common currency is the only way to regulate global capitalism and to deal directly, and on equal footing, with emerging continental powers, without depending on the United States.

Political unity is the very condition upon which the possibility of democracy in Europe rests.

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This book is published in a bilingual French/English version 

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Reconciling Governance and Model: a Five-Fold Narrative for Europe
August 2012 

The undeniable economic governance achievements which have prevented the monetary union form collapsing deflected the attention from the challenge of rising unemployment and inequalities to which European citizens are confronted. Europe is therefore revealing an instinct for survival under emergencies, but at the expenses of a common purpose. The Institute of European Democrats and the Madariaga – College of Europe Foundation believe that a fivefold narrative for further integration in key areas would have the potential to break this deadlock and to reconcile the integration path with a fairer economic model. As such, they have asked leading European experts to expound their views and recommendations on the future of industrial policy, taxation, fiscal policy, banking regulation, and monetary policy.

Contributors: A. Bénassy-Quéré, M. Aujean, J-L. Gaffard, E. de Keuleneer, C. Alcidi and A. Giovannini

To download the full text, click here 


China, The European Union and Global Governance
Octobre 2012

China, the European Union and Global Governance examines the key determinants of European and Chinese approaches to the restructuring of global governance systems. With a multidisciplinary method, this collection of papers analyses four distinct fields that are key for both China and the EU and for the development of their relations and future cooperation: the global trading system, the international monetary system, climate and energy and international security. In the context of China’s growing role in global governance and of EU–China cooperation, contributions emphasize strategies, prospects and objectives of both actors. They outline possible avenues for an enhanced partnership in light of the changing global order which implies a rethinking of the existent multilateral structures.

Editors: Jan Wouters, University of Leuven (K.U.Leuven), Tanguy de Wilde, Université catholique de Louvain, Pierre Defraigne, Madariaga – College of Europe Foundation and Jean-Christophe Defraigne, University Faculties of St Louis, Belgium.

Contributors: M. Aglietta, E. Atanassova-Cornelis, D. Belis, Q. Bo, H. Bruyninckx, B. Buijs, M. Burnay, P.-f. Chang, J. Chen, R.N. Cooper, H. Cuyckens, J.-C. Defraigne, P. Defraigne, T. de Wilde d’Estmael, J.P. Panda, S. Plasschaert, S. Schunz, B. Snoy, L. van Geuns, X. Wang, Y. Wang, J. Wouters, C.-H. Wu

Publisher: Edward Elgar

Order a copy of the book here
To view the contents page click here
Towards a New Development Paradigm in 21st Century China: Economy, Society and Politics
23 August, 2012


This book argues that the current state of China requires an important paradigm shift in the way the party-state manages the country’s development, and goes on to assess the fitness of the party-state for implementing such a paradigm shift and the likelihood of the party-state bringing this about. It brings together an examination of the very latest situation in a range of key areas where current developments have the potential to undermine substantially the status quo, areas such as the recent economic crisis and the resulting economic slowdown, increasing labour unrest, mounting calls for social justice, worsening urban-rural disparity, the urgent need to implement social welfare programmes, the rise of civil society, and the impact of new media. Overall, the book provides a thorough appraisal of the difficulties which China currently faces. 

Editors: Eric Florence and Pierre Defraigne

Authors: Francoise Lemoine, Jean Christophe Defraigne, Filip De Beule, Daniel Van Den Bulcke, Dominique Yernaux, Yu Xiaomin, Hu Xiaojiang, Liu Kaiming, Gilles Guiheux, Linda Wong, Björn Alpermann, Mette Halskov Hansen, Kin-man Chan and Kevin Latham.  

Publisher: Routledge

Order a copy of the book here

To view the contents page click here

To view the book review by Chinasquare click here.

Seule l'Europe / Only Europe

May 2009 

Against a backdrop of general indifference to the European elections of 2009, Pierre Defraigne presents a clarion call for thoughtful engagement and considered participation in the European project. In a pamphlet entitled "Three challenges ONLY EUROPE can take on", he calls upon the voter to seize this critical moment in the history of both Europe's integration and the world evolution.  

Distancing himself from the current, catchy, but nevertheless complacent discourse addressing a Europe of consumers and users, of mobility and Euros in the pocket, of the pax europeana, the author addresses young citizens and confronts them with the world as it is: a world of crisis, climate change and security challenges. His argument is threefold: that only a united Europe can take up these historical challenges; that Europe as it stands is not yet ready to do so because it lacks both strong institutions and unity on a common societal project; and that the return of intergovernmentalism with 27 Member States will condemn the EU to function by fits and starts. A “citizen-takeover”, therefore, is the only avenue that will lead to the emergence of a truly European political leadership equipped to deal with the challenges of our time.

The argument is ambitious and engaged. It strives to awaken, primarily within the younger generations, a consciousness of a European common good that transcends national identities. “To be European” gives a duty to think large and, at an early stage, to take measure of the immensity of the project ahead: to put market capitalism back under control, to counter the climate threat and the loss of biodiversity, to become a strategic power for peace in the world. These are the tasks that await the emergent generation.

Time is ticking for Europe before its demographic winter arrives and consecrates the continent’s relative decline next to the emergent Asia. Unity is no longer an abstract ideal. It is a duty of reason. At stake is an idea of Europe that should not be left to die because Europe, even if reduced to a small peninsula of the Asian continent, both bears and guarantees a set of values that apply across all mankind.

This pamphlet is published in a bilingual French/English version by La Libre Belgique and sold to the benefit of the European Movement-Belgium.

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Page 1 of 2


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Marco Giuli/4 September 2014
Dying of Tactics? The UK Down a Dangerous Path
Marco Giuli/19 June 2014

Post-Electoral Remarks 

Marco Giuli/3 June 2014


Call for Papers

The EU and the Emerging Powers 2015: Cooperation and Competition in Knowledge and Technology

Deadline for Submission of Paper Proposals: 10 November 2014

Registration & Abstract Submission at:

The papers will be presented at an international Conference that will take place in Brussels in the last week of April 2015 

More info


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