Chapter

European Monetary Union and the New Political Economy of Adjustment

Erik Jones

in The State of the European Union

Published in print December 2000 | ISBN: 9780198297574
Published online November 2003 | e-ISBN: 9780191598982 | DOI: http://dx.doi.org/10.1093/0198297572.003.0007
European Monetary Union and the New Political Economy of Adjustment

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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 other economic developments. These changes in European patterns of adjustment will affect the stability of the EMU.

Keywords: Economic and Monetary Union; economic adjustment; political economy

Chapter.  8289 words. 

Subjects: European Union

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