The Currency of Ideas - Monetary Politics in the European Union (Hardcover)

Why have the states of Europe agreed to create an Economic and Monetary Union (EMU) and a single European currency? What will decide the fate of this bold project? This text seeks to explain why monetary integration has deepened in Europe from the Bretton Woods era to the present. The author argues that the development of a neoliberal economic policy consensus among European leaders in the years after the first oil crisis was crucial to stability in the European Monetary System and progress towards EMU. She identifies two factors - rising capital mobility and changing ideas about the government's proper role in monetary policymaking - as critical to the neoliberal consensus, but warns that unresolved social tensions in this consensus may provoke a political backlash against EMU and its neoliberal reforms.

General

Imprint:	Cornell University Press
Country of origin:	United States
Series:	Cornell Studies in Political Economy
Release date:	December 1997
Authors:	Kathleen R. McNamara
Dimensions:	235 x 155 x 18mm (L x W x T)
Format:	Hardcover
Pages:	208
ISBN-13:	978-0-8014-3432-7
Categories:	Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Economics > Political economy Books > Business & Economics > Economics > Macroeconomics > Monetary economics Books > Business & Economics > Economics > International economics > General Books > Social sciences > Politics & government > International relations > International institutions > EU & European institutions Promotions
LSN:	0-8014-3432-7
Barcode:	9780801434327

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