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Identity Politics in the European Union: The Case of Economic and Monetary Union (EMU)

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The Politics of Economic and Monetary Union

Abstract

The debate on the political and economic merits of European Economic and Monetary Union (EMU) is in full swing in many member states of the European Union (EU). At the same time, many EU member states are suffering from deep cuts in social welfare expenditures in order to meet the Maastricht convergence criteria — and this on top of economic recessions in conjunction with high rates of unemployment. Thus, it is not surprising that public opinion in many member states is not particularly supportive of a common European currency.2 But it is all the more remarkable that this lack of enthusiasm for EMU in conjunction with neoliberal austerity policies has not yet led to an open legitimacy crisis of European integration in many member states.

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Engelmann, D., Knopf, HJ., Roscher, K., Risse, T. (1997). Identity Politics in the European Union: The Case of Economic and Monetary Union (EMU). In: Minkkinen, P., Patomäki, H. (eds) The Politics of Economic and Monetary Union. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6085-2_5

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