Abstract
PART 1 Historical Perspectives: Lessons of history - nineteenth-century currency unions, federal monetary unions, the gold standard and the Bretton Woods System Lessons of history - The European Payments Union, the spirit of the Hague, the Werner Report and the snake Ambition regained - Negotiating the EMS - power relations and policy change, Negotiating and implementing the Treaty on European Union - power relations and policy change. PART 2 Theoretical Perspectives: Putting the EMS and EMU into practice - The rules of the game, the two-level policy process and the structural power of the anchor currency, The structural power of sound money policy ideas , The structural power of financial markets, economic 'fundamentals' and trade interdependence. PART 3 Conclusions: The hollow core - The EMS and EMU policy process, theories of integration and the dynamics of union Elusive union - problems and scenarios.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
