Description
Book SynopsisAn exploration of the formation of the Euro. Focusing attention on who wins and who loses from the Euro's creation, Erik Jones charts the history of this extraordinary project, explains the reasons it developed, and assesses how the controversies surrounding it may evolve in the future.
Trade ReviewThe most lucid, clearly argued, and theoretically sophisticated political science treatment I have ever seen on EMU. The Politics of Economic and Monetary Union will no doubt become a definitive work on the most audacious experiment ever in European integration. -- John Peterson, University of Glasgow
The Politics of Economic and Monetary Union is valuable for its criticism of more systematic views of integration, and particularly for its careful dissection of rationalist expectations about monetary unions. * International Studies Review *
There is a lot of simplicity and dogmatism in debates concerning EMU. The book's greatest merit is its capacity to cut through this confusion and to offer pragmatic and evidence-based arguments in a genuine political economy analysis demonstrating an interdisciplinary grasp of the matter. * International Journal of Political Science *
A fiercely intelligent book. The scope of Jones's knowledge of the politics and economics of EMU is remarkable, as is his capacity to communicate its complexity in accessible terms. As the only analysis I know that stretches from the technology of the single currency to its symbolism, it deserves and will surely attract a wide and varied audience. This is not 'just' a book about EMU; it is also an intriguing and entertaining account of what 'Europe' is and what it is becoming. -- Martin Rhodes, European University Institute
Table of ContentsChapter 1 Introduction: The End of the Beginning Chapter 2 Technology: Theory and Practice Chapter 3 Design: Interdependence and Accountability Chapter 4 Legitimacy: Delegation and Distributive Preferences Chapter 5 Symmetry: Mobilization and Adjustment Chapter 6 Motivation: Insulation and the Welfare State Chapter 7 Context: Ambition and Constraint Chapter 8 Determination: Power and Collective Action Chapter 9 Symbolism: Expectations and Idiosyncracies Chapter 10 Conclusion: The Politics of EMU
