Academics across Europe have joined forces to discuss the current challenges that EU money is experiencing, among a host of other pressing concerns.
Researchers
Gabriella Gimigliano, Ph.D., EUMOL Jean Monnet Chair Holder, Assistant Professor in Business Law, Business and Law Department, University of Siena
Valentino Cattelan, Ph.D., Lecturer in Law, School of Law, Birmingham City University
Gloria Gonzalez Fuster, Ph.D., Research Professor, Law Science Technology & Society, Vrije Universiteit Brussel (VUB)
Luisa Brunori, Ph.D., Chargèe de recherce, HDR at Centre d’historie judiciarie, University of Lille
Ruth Wandhofer, Ph.D., Global Head Regulatory Expert and Market Strategy Treasury and Trade Solution, Citi Group
Agnieszka Janczuck Gorydowa, Ph.D., Assistant Professor in European Economic Law, Law School, Utrecht University
Marc Pilkington, Ph.D., Associate Professor of Economics, University of Burgundy (France) and Managing Director of Moldova Blockchain Center
Marta Božina Beroš, Ph.D., Associate Professor of European Monetary and Banking Union, Faculty of Economics and Tourism, Juraj Dobrila University of Pula
Vittorio Santoro, Ph.D., Full Professor of Business and Company Law, Law Department, University of Siena
Christos Gortsos, Ph.D., Full Professor of International Economic Law, Law Department, National and Kapodistrian University of Athens
Research background
EUMOL is sponsored by the Jean Monnet Programme (EU Commission, EACEA - Education, Audio-visual and Culture Executive Agency), under a system of co-funding with the University of Siena (Italy). It involves a variety of researchers, working on different disciplines but connected by a common research interest: the investigation of the identity of EU money and how money law affects the construction of the European polity.
EUMOL promotes an exchange of expertise between all the academic organisations that are part of the project, with a programme of dissemination which comprises lectures, conferences, seminar, a yearly workshop and deliverables.
The nature of EU money law is a topical issue both in relation to the construction of the EU monetary Union and the most recent financial crisis due to the pandemic.
Moving from the assumption that not only money works as a means of payment, a reserve of value and a unit of account, but also as a means of ‘community belonging’, the project deals with aspects of sociological economy, regulation, law and policy-making, promoting a comprehensive reflection on how money has an impact on EU political life.
Research aims
EUMOL intends to set up a new teaching field in European Studies, covering issues of law of payments, financial regulation, money and social integration, development and harmonisation. Attention is also given to aspects of financial inclusion, diversity and alternative currency systems.
More in particular, EUMOL enjoys a three-tier structure, covering:
- money as a social institution;
- money as a micro-payment system;
- money as a macro-payment system.
The aim of the project is to nourish academic discussion regarding money as an overarching factor of economic, legal, sociological and political growth by discussing the current challenges that EU money is experiencing and providing policy-oriented solutions for the future.
How has the research been carried out?
The project is deeply inter- and trans-disciplinary and combines the competences of the participants in their respective areas of expertise: law; economy; regulation; sociology; history.
The methodology reflects this inter-disciplinary approach to EU money and its law, also in relation to the dynamics of global economy.
Dr. Valentino Cattelan, in relation to his expertise on Islamic law, economics and finance, is responsible for the investigation of Islamic finance in Europe, financial pluralism and issues of financial integration of Muslim minorities in the EU market, as well as of globalisation of the EU financial markets towards North Africa, the Middle East and South Asia.
Outcomes and impact
The main outcome of the project, in terms of academic deliverable, will be an edited book collecting the major findings of the investigation, specifically:
Cattelan, V. and Gimigliano, G. (forthcoming),
Money, Community and the European Union.
Investigating Global, Regional and Local Challenges to Shape the Way Forward
The volume will offer an original overview of the challenges that the EU is experiencing with regards to issues of ‘money identity’, and provide viable solutions to be undertaken by EU policy makers to strengthen the EU financial market in relation to the EU policy.
This project is co-funded by EU Commission EACEA and University of Siena.
More information can be found at the project website.