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The Politics of the Euro-Zone: Stability or Breakdown?

Kenneth Dyson

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.001.0001
Subject:
Political Science, European Union

The Euro‐zone represents the single most important step in European integration since 1957 and one of the boldest economic, monetary, and political projects in modern history. This book examines the ... More


How the Euro‐Zone Operates: An ECB‐Centric Euro‐Zone?

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0002
Subject:
Political Science, European Union

This chapter argues that the Euro‐zone was designed to provide a central role for the European Central Bank (ECB), with integrative powers in excess of those available to the European Commission. It ... More


How the Euro‐Zone Operates: A ‘Two‐Level’ Game, a Child of the Franco–German ‘Couple’, or a New ‘Motor’ For Europe?

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0003
Subject:
Political Science, European Union

This chapter analyses the political leadership dynamics that have underpinned both the creation of the Euro‐zone by the member states of the EU and their coming to terms with the extensiveness of the ... More


How the Euro‐Zone Operates: ‘Hollowing Out’ Or Rescue of the European State?

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0004
Subject:
Political Science, European Union

This chapter assesses and compares the ‘governance’ and ‘state‐centric’ models of interaction between member states and the operation of the Euro‐zone. The ‘governance’ model overemphasizes the ... More


How the Euro‐Zone Operates: The Institutional Approach

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0005
Subject:
Political Science, European Union

This chapter offers a comparative assessment of three types of institutional approach (historical, sociological, rational‐choice) to how the Euro‐zone operates, outlining the strengths and ... More


The Problem of Stability in the Euro‐Zone: Lessons from History and Economics

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0006
Subject:
Political Science, European Union

This chapter seeks to analyse prospects for the Euro‐zone's stability in terms of comparative history and economic theory. It begins by comparing the Euro‐zone with earlier examples of national ... More


The Prospects for a Stable Euro‐Zone: A Strength–Strain Model

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0007
Subject:
Political Science, European Union

This chapter aims to identify the critical variables conditioning the vulnerability of the Euro‐zone to systemic breakdown. It outlines a strength–strain model of stability, which points to an ... More


The Legitimacy of the Euro‐Zone: The Problems of Social Justice, Consent, and Identity

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0008
Subject:
Political Science, European Union

From the viewpoint of stability, the Eurozone needs to be established and maintained within a normative political consensus that provides strong moral grounds for compliance with its directives. This ... More


Policies for a Stable Euro‐Zone: Strengthening the ‘Stabilization State’

Kenneth Dyson

in The Politics of the Euro-Zone: Stability or Breakdown?

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199241651
eISBN:
9780191599118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241651.003.0009
Subject:
Political Science, European Union

This chapter sums up the arguments of the book, which point overwhelmingly to the need for a pragmatic approach to ensuring the Euro‐zone's stability, and reviews three possible ways forward. First, ... More


Politics, Banks, and Financial Market Governance in the Euro‐Zone

Michael Moran

in European States and the Euro: Europeanization, Variation, and Convergence

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199250257
eISBN:
9780191599101
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199250251.003.0011
Subject:
Political Science, European Union

The focus of this chapter is on processes—both, those that produced EMU and those that provide financial market governance in the new institutions that EMU has produced—and on the relationship ... More


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