Chapter

Introduction: An Historical Overview

Kenneth Dyson and Kevin Featherstone

in The Road To Maastricht

Published in print October 1999 | ISBN: 9780198296386
Published online November 2003 | e-ISBN: 9780191599125 | DOI: http://dx.doi.org/10.1093/019829638X.003.0001
 Introduction: An Historical Overview

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The negotiation of EMU is situated in an historical context, notably the mounting tensions in the post‐war Bretton Woods system, the Hague Summit of 1969, the eventual collapse of Bretton Woods and the creation of the European Monetary System in 1978–79. An account is given of the relaunch of EMU in 1988, of the start of the detailed negotiations, of the nature and significance of the Maastricht Agreement, and of the end game in 1991.

Keywords: Bretton Woods; EMU; European Monetary System; Hague Summit; Maastricht Treaty; negotiation; Werner Plan

Chapter.  5071 words. 

Subjects: European Union

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