Chapter

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

Claudio Radaelli

in European States and the Euro

Published in print March 2002 | ISBN: 9780199250257
Published online November 2003 | e-ISBN: 9780191599101 | DOI: http://dx.doi.org/10.1093/0199250251.003.0009
 The Italian State and the Euro: Institutions, Discourse, and Policy Regimes

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Examines the extent to which EMU has changed Italy's economic policy institutions, and seeks to shed light on the type of change involved by discussing two rival hypotheses—of ‘simple coping strategies’ and of ‘paradigmatic response’, which can also be respectively described in terms of ‘simple’ and ‘thick’ learning. The former type denotes a gradual incremental process, whereas the latter denotes a discontinuous jump towards new ways of organizing knowledge. The chapter discusses when, why, and how actors responded to EMU and with what effects, distinguishing between elite behaviour at the constitutive level and its communicative discourse directed at the mass public.

Keywords: EMU; Italy; monetary policy

Chapter.  11348 words. 

Subjects: European Union

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