Chapter

Conclusions and Reflections

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.003.0018
 Conclusions and Reflections

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This chapter considers what can be learnt from the EMU negotiations and why an EMU agreement was possible. It looks at the nature and patterns of coalition building. It also examines the EMU negotiations in the context of European integration theories and outlines the theoretical implications of the study. Finally, it identifies the key problems in the Maastricht agreement, especially the risk of being locked into a politics of deflation in the context of imperfect legitimation.

Keywords: coalition building; deflation; EMU; European integration; legitimacy; Maastricht Treaty; negotiation

Chapter.  27842 words. 

Subjects: European Union

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