Federal Systems after the Financial and Economic Crisis: Slow Transformation or Back to Normal?

Abstract

The crisis and its different manifestations across decentralized and federal countries have brought about adaptive reactions and institutional change that has impacted directly or indirectly on the degree of decentralization and the integrative, coordinative, or distributive capacity of those systems, thus affecting its stability, efficiency and legitimacy. In some cases, the crisis has produced transitory challenges, tensions or temporary change or just reinforced previous internal dynamics and trends in specific federations, without altering its traditional parameters. In others, however, we may be witnessing a more transformative change of the system. This panel seeks to assess the post-crisis state of affairs in several multilevel systems by looking at the extent of institutional, political, fiscal, intergovernmental repercussions that several years of financial and economic crisis have left in multilevel systems in Europe and elsewhere (including the EU), pinpointing the importance of long-term path dependencies and resilience of existing systems vis-à-vis the real transformative impact of the crisis and other global trends.

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