The Path to European Economic and Monetary Union - Hardcover

Rehman, Scheherazade S.

Hardcover

ISBN 10: 079239951X ISBN 13: 9780792399513

Publisher: Springer, 1997

Synopsis

Sir Alan Walters ex-chief economic advisor to PM Margaret Thatcher Whether it succeeds or fails, Europe is everyone's concern. The idea of a united Europe has been entertained, even partially at least, achieved, inter alia, CharlemagI!e, Napoleon, Hitler, and in our da)' by Spaak, Monet and Chancellor Kohl: the first three by military conquest, the last three by "negotiation" and the creation of integrating institutional arrangements. The motives varied from the twisted paranoia of the Nazis to the idealism of SpaaklMonet/Kohl in avoiding conflicts and wars. Under the protection of NATO the European Coal and Steel Community soon was transformed into the EEC by the 1957 Treaty of Rome. The massive reduction of trade barriers, particularly between France and Germany, was rewarded by vigorous growth over the next 15 years. Even as late as 1972, when Britain acceeded to the Treaty of Rome, the EEC was thought to be lar~ely a customs union: in de Gaulle eyes the EEC was simply a collection of sovereISJ:l states who cooperated primarily on trade. Each state however enjoyed a veto; deCIsions had to be unanimous.

About this title

Review

`Rehman's book is therefore highly recommended to students of economics, politics and IPE. It provides the detailed information one should have to discuss seriously the risks and virtues of EMU.'
Hartmut Mayer, St. Peter's College, University of Oxford, UK

Synopsis

The purpose of this text is to provide an analysis of the emerging political and economic dilemmas EC member nations face on the road to Economic and Monetary Union (EMU) since the signing of the Maastricht Treaty. Due to the fast-changing nature of the character, and thus the pace, of European monetary and economic integration, this book addresses the critical economic and political issues that threaten the European integration process during the 1990s and beyond.

Edition details

• Publisher: Springer
• Publication date: 1997
• Language: English
• ISBN 10: 079239951X
• ISBN 13: 9780792399513
• Binding: Hardcover
• Number of pages: 483