European States and the Euro: Europeanization, Variation, and Convergence
European States and the Euro: Europeanization, Variation, and Convergence
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Abstract
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.
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Front Matter
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Introduction: EMU as Integration, Europeanization, and Convergence
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Part I European and Global Contexts
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1
Global Integration, EMU, and Monetary Governance in the European Union: The Political Economy of the ‘Stability Culture’
Geoffrey R. D. Underhill
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2
EMU's Impact on National Institutions: Fusion Towards a ‘Gouvernance Économique’ or Fragmentation?
Wolfgang Wessels andIngo Linsenmann
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3
The Political Economy of Fiscal Policy Under Monetary Union
David McKay
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1
Global Integration, EMU, and Monetary Governance in the European Union: The Political Economy of the ‘Stability Culture’
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Part II Domestic Political and Policy Contexts
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4
Britain and EMU
Andrew Gamble andGavin Kelly
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5
EMU: A Danish Delight and Dilemma
Martin Marcussen
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6
The French State in the Euro‐Zone: ‘Modernization’ and Legitimizing Dirigisme
David Howarth
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7
Germany and the Euro: Redefining EMU, Handling Paradox, and Managing Uncertainty and Contingency
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8
The Italian State and the Euro: Institutions, Discourse, and Policy Regimes
Claudio Radaelli
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9
The Netherlands and EMU: A Small Open Economy in Search of Prosperity
Amy Verdun
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4
Britain and EMU
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Part III Sectors, States, and EMU
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End Matter
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