Book

European States and the Euro

Edited by Kenneth Dyson

Published in print March 2002 | ISBN: 9780199250257
Published online November 2003 | e-ISBN: 9780191599101 | DOI: http://dx.doi.org/10.1093/0199250251.001.0001
European States and the Euro

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With EMU (economic and monetary union), the European Union has embarked on one of the biggest projects in its history. This book analyses the role of EMU in Europeanization and examines its effects on public policies, political structures, and political discourses. It considers the mechanisms by which EMU produces its effects, and the role of domestic policy‐makers and institutions in shaping national responses. It places the EMU within the context of globalization, and explores its operations within specific sectors. Its main conclusions are that the EMU is most important in affecting the tempo of domestic policy changes, and in strengthening the pressures for convergence. However, while EMU contains a neo‐liberalizing tendency exhibited most clearly in its effects on financial markets, its effects should not be perceived as limited to the Anglo‐American model of market capitalism.

Keywords: convergence; EMU; Europeanization

Book.  430 pages.  Illustrated.

Subjects: European Union

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Table of Contents

Introduction: EMU as Integration, Europeanization, and Convergence in European States and the Euro

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Global Integration, EMU, and Monetary Governance in the European Union: The Political Economy of the ‘Stability Culture’ in European States and the Euro

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EMU's Impact on National Institutions: Fusion Towards a ‘Gouvernance Économique’ or Fragmentation ? in European States and the Euro

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The Political Economy of Fiscal Policy Under Monetary Union in European States and the Euro

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Britain and EMU in European States and the Euro

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EMU: A Danish Delight and Dilemma in European States and the Euro

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The French State in the Euro‐Zone: ‘Modernization’ and Legitimizing Dirigisme in European States and the Euro

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Germany and the Euro: Redefining EMU, Handling Paradox, and Managing Uncertainty and Contingency in European States and the Euro

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The Italian State and the Euro: Institutions, Discourse, and Policy Regimes in European States and the Euro

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The Netherlands and EMU: A Small Open Economy in Search of Prosperity in European States and the Euro

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