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European Monetary Union and the New Political Economy of Adjustment

Erik Jones

in The State of the European Union: Risks, Reform, Resistance, and Revival

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198297574
eISBN:
9780191598982
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198297572.003.0007
Subject:
Political Science, European Union

This chapter examines how the creation of the Economic and Monetary Union (EMU) spawned a new political economy of adjustment in Europe. It is argued that the EMU is changing how Europeans adjust to ... More


Monetary Integration in Europe: Ideas and Evolution

Amy Verdun

in The State of the European Union: Risks, Reform, Resistance, and Revival

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198297574
eISBN:
9780191598982
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198297572.003.0005
Subject:
Political Science, European Union

The Economic and Monetary Union (EMU) resulted from the convergence of ideas about the aim of monetary policy and the design of EMU. It will lead to a further revival of the EU if there remains a ... More


EMU: A Unifying Factor

Loukas Tsoukalis

in What Kind of Europe?

Published in print:
2005
Published Online:
October 2005
ISBN:
9780199279487
eISBN:
9780191602979
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199279489.003.0006
Subject:
Political Science, European Union

This chapter presents a brief history of the economic and monetary union (EMU) in Europe, and examines its implications for the future of European integration. It argues that the EMU is a high-risk ... More


Monetary Policy and the Euro

Loukas Tsoukalis

in Governing Europe

Published in print:
2003
Published Online:
November 2003
ISBN:
9780199250158
eISBN:
9780191599439
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199250154.003.0019
Subject:
Political Science, European Union

This chapter first briefly traces the history of European monetary integration. It then examines: the politics and economics of the Maastricht Treaty and Economic and Monetary Union/European Monetary ... More


Financial Restructuring in the Age of the Euro: Still a Battle of Systems?

Jonathan Story

in The State of the European Union Vol. 7: With US or Against US? European Trends in American Perspective

Published in print:
2005
Published Online:
February 2006
ISBN:
9780199283958
eISBN:
9780191603297
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199283958.003.0010
Subject:
Political Science, European Union

The battle of the systems within the EU is as lively as it ever was, if not livelier. Europe is not converging on a single capitalism, but the many national forms it takes are all subject to similar ... More


Regional Problems and Opportunities

Richard Pomfret

in The Central Asian Economies in the Twenty-First Century

Published in print:
2019
Published Online:
May 2019
ISBN:
9780691182216
eISBN:
9780691185408
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691182216.003.0009
Subject:
Business and Management, International Business

This chapter analyzes alternative strategies—multilateral and regional—pursued by the Central Asian countries to integrate into a wider economic circle, emphasizing the shift from being part of the ... More


Preparing for the Treaty negotiations

Simon J. Nuttall

in European Foreign Policy

Published in print:
2000
Published Online:
October 2011
ISBN:
9780198293361
eISBN:
9780191684982
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198293361.003.0005
Subject:
Political Science, European Union

This chapter discusses the preparation for the negotiations on Economic and Monetary Union (EMU) in Europe. The preparations included the authorization of preparatory work in 1988, the production of ... More


The Puzzle of European Union

DAVID MCKAY

in Federalism and European Union: A Political Economy Perspective

Published in print:
1999
Published Online:
October 2011
ISBN:
9780198296775
eISBN:
9780191685279
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198296775.003.0001
Subject:
Political Science, European Union

This chapter yields at the outset that no single explanation is sufficient to explore the Maastricht phenomenon. The claim is, merely, that the adopted realist perspective is the single most ... More


At the Heart of Europe: The Road to the Maastricht Treaty

Stephen Wall

in A Stranger in Europe: Britain and the EU from Thatcher to Blair

Published in print:
2008
Published Online:
October 2011
ISBN:
9780199284559
eISBN:
9780191700309
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199284559.003.0006
Subject:
Political Science, European Union, UK Politics

Although John Major was born during World War II, he was a child of post-war Britain. Unlike Margaret Thatcher, who was already a teenager when war was declared, Major had no visceral fear of what a ... More


The Euro and Union: Thatcher, Major, and Fin de Régime

Stephen Wall

in A Stranger in Europe: Britain and the EU from Thatcher to Blair

Published in print:
2008
Published Online:
October 2011
ISBN:
9780199284559
eISBN:
9780191700309
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199284559.003.0005
Subject:
Political Science, European Union, UK Politics

Nigel Lawson, the British Chancellor, viewed Margaret Thatcher's agreement, at the Hanover European Council in June 1988, to a committee to examine the Economic and Monetary Union (EMU) as a ... More


The Kyrgyz Republic

Richard Pomfret

in The Central Asian Economies in the Twenty-First Century

Published in print:
2019
Published Online:
May 2019
ISBN:
9780691182216
eISBN:
9780691185408
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691182216.003.0007
Subject:
Business and Management, International Business

This chapter looks at the national economy and transition strategies of the Kyrgyz Republic. The Kyrgyz Republic was the most explicit of the Central Asian countries in attempting a rapid transition ... More


The Evolution of Economic and Monetary Union – Some Legal Issues

Ja Usher

in Continuity and Change in EU Law: Essays in Honour of Sir Francis Jacobs

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199219032
eISBN:
9780191711862
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199219032.003.0017
Subject:
Law, EU Law

This chapter discusses legal aspects of the Economic and Monetary Union (EMU). Topics covered include EMU and capital movements, EMU and differentiated integration, monetary policy, and economic ... More


The Single European Act and Economic and Monetary Union

Stephen Wall

in A Stranger in Europe: Britain and the EU from Thatcher to Blair

Published in print:
2008
Published Online:
October 2011
ISBN:
9780199284559
eISBN:
9780191700309
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199284559.003.0004
Subject:
Political Science, European Union, UK Politics

Two months before what Margaret Thatcher saw as the Milan ambush, the British Foreign Office had sent her a paper about the implications of Spanish and Portuguese accession to the European Community. ... More


The Intergovernmental Conference

Simon J. Nuttall

in European Foreign Policy

Published in print:
2000
Published Online:
October 2011
ISBN:
9780198293361
eISBN:
9780191684982
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198293361.003.0006
Subject:
Political Science, European Union

This chapter discusses the highlights of the Intergovernmental Conference (IGC) debate on the EMU, which lasted for the whole of 1991. The IGC focused on refining the draft Common Foreign and ... More


Introduction

Niamh Nic Shuibhne

in From Single Market to Economic Union: Essays in Memory of John A. Usher

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199695706
eISBN:
9780191741302
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199695706.003.0001
Subject:
Law, EU Law

This introductory chapter takes a look at the course from single market to economic union. It discusses work that reflects the contribution John Usher made to EU legal scholarship, such as the legal ... More


Financial Crisis, Response, and Europe’s Future

Paul Craig

in The Lisbon Treaty, Revised Edition: Law, Politics, and Treaty Reform

Published in print:
2013
Published Online:
September 2013
ISBN:
9780199664955
eISBN:
9780191773723
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199664955.003.0012
Subject:
Law, EU Law

This chapter begins by discussing the economic and constitutional assumptions that underpinned the Maastricht settlement concerning economic and monetary union (EMU). It then turns to the EU ... More


Some Problems of the Customs Union and the Internal Market

Laurence W Gormley

in From Single Market to Economic Union: Essays in Memory of John A. Usher

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199695706
eISBN:
9780191741302
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199695706.003.0005
Subject:
Law, EU Law

The customs union is one of the important elements of the common market that was established by the European Economic Community (EEC) Treaty. However, the concept of the common market has now ... More


From Single Market to Economic Union: Essays in Memory of John A. Usher

Niamh Nic Shuibhne and Laurence W. Gormley (eds)

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199695706
eISBN:
9780191741302
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199695706.001.0001
Subject:
Law, EU Law

The path from single market to economic union is a continuing — and controversial — story; raising questions about the present and future regulation, structures, and purpose of economic union within ... More


Crises? What Crises? Escudo from ECU to EMU

Jorge Braga De Macedo

in Short-Term Capital Flows and Economic Crises

Published in print:
2001
Published Online:
October 2011
ISBN:
9780198296867
eISBN:
9780191685286
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198296867.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental, Macro- and Monetary Economics

The national economy of Portugal was exposed to financial and political crises that proved to be recurrent, and an inflationary environment when Portugal became a member of the European Community in ... More


Beyond the Crisis: The Governance of Europe's Economic, Political and Legal Transformation

Mark Dawson, Henrik Enderlein, and Christian Joerges (eds)

Published in print:
2015
Published Online:
March 2016
ISBN:
9780198752868
eISBN:
9780191814297
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198752868.001.0001
Subject:
Political Science, International Relations and Politics

In the wake of the eurozone crisis, the European Union has been transformed in many ways. Is it now on the right track? The euro crisis, the steps taken to manage it, and the resulting ... More


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