- Map of Europe
- About the Authors
- About the Book
- New to this Edition
- Acknowledgements
- Guided Tour of Textbook Features
- Guided Tour of the Online Resources
- Late News Page
- Part One Theory
- 1. Theories of European Integration
- 2. Theories of EU Governance
- 3. Theorizing Consequences
- 4. Critical Perspectives
- Part Two History
- 5. From the End of the War to the Schuman Plan (the Late 1940s to the Early 1950s)
- 6. The ‘Other’ European Communities and the Origins of the European Economic Community (the Early 1950s to the 1960s)
- 7. The First Years of the European Economic Community (the 1960s and into the 1970s)
- 8. The Revival of European Integration (the Mid-1970s to the Late 1980s)
- 9. Maastricht and Amsterdam (the Late 1980s to the Late 1990s)
- 10. From Amsterdam to Lisbon (2000–09)
- 11. The EU in Crisis (2009–19)
- Part Three Institutions
- 12. The Institutional Architecture
- 13. The European Commission
- 14. The European Council and the Council of the European Union (EU)
- 15. The European Parliament
- 16. The Court of Justice of the European Union
- 17. Organized Interests
- Part Four Policies
- 18. Policy Making and Policies in the European Union
- 19. The Single Market
- 20. Economic and Monetary Union
- 21. Agriculture
- 22. Environment and Climate
- 23. Freedom, Security, and Justice
- 24. Trade and Development Aid
- 25. Common Foreign and Security Policy
- 26. Enlargement
- References
- Glossary
- Abbreviations and Acronyms
- Chronology
- General Index
- Author Index
(p. 379) 20. Economic and Monetary Union
- Chapter:
- (p. 379) 20. Economic and Monetary Union
- Author(s):
Simon Bulmer
, Owen Parker
, Ian Bache
, Stephen George
, and Charlotte Burns
- DOI:
- 10.1093/hepl/9780198820635.003.0020
This chapter examines the various attempts to create the economic and monetary union (EMU), which first became an official objective of the European Community (EC) in 1969 but was achieved only thirty years later. The chapter first provides a historical background on efforts to create the EMU, including long-standing debates between France and West Germany on its design, before discussing the launch of the single currency, the euro, and its subsequent progress up to and including the eurozone crisis in the late 2000s. On the eurozone crisis, it considers both the short-term efforts at crisis management and the long-term reforms that were implemented in an attempt to prevent further crises. Finally, it considers some of the explanations for and critiques of EMU, including critiques of the responses to the eurozone crisis that have been offered by various academic commentators.
Access to the complete content on Politics Trove requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
Please subscribe or login to access full text content.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.
For questions on access or troubleshooting, please check our FAQs, and if you can't find the answer there, please contact us.
- Map of Europe
- About the Authors
- About the Book
- New to this Edition
- Acknowledgements
- Guided Tour of Textbook Features
- Guided Tour of the Online Resources
- Late News Page
- Part One Theory
- 1. Theories of European Integration
- 2. Theories of EU Governance
- 3. Theorizing Consequences
- 4. Critical Perspectives
- Part Two History
- 5. From the End of the War to the Schuman Plan (the Late 1940s to the Early 1950s)
- 6. The ‘Other’ European Communities and the Origins of the European Economic Community (the Early 1950s to the 1960s)
- 7. The First Years of the European Economic Community (the 1960s and into the 1970s)
- 8. The Revival of European Integration (the Mid-1970s to the Late 1980s)
- 9. Maastricht and Amsterdam (the Late 1980s to the Late 1990s)
- 10. From Amsterdam to Lisbon (2000–09)
- 11. The EU in Crisis (2009–19)
- Part Three Institutions
- 12. The Institutional Architecture
- 13. The European Commission
- 14. The European Council and the Council of the European Union (EU)
- 15. The European Parliament
- 16. The Court of Justice of the European Union
- 17. Organized Interests
- Part Four Policies
- 18. Policy Making and Policies in the European Union
- 19. The Single Market
- 20. Economic and Monetary Union
- 21. Agriculture
- 22. Environment and Climate
- 23. Freedom, Security, and Justice
- 24. Trade and Development Aid
- 25. Common Foreign and Security Policy
- 26. Enlargement
- References
- Glossary
- Abbreviations and Acronyms
- Chronology
- General Index
- Author Index
