Abstract
In many respects, the Economic and Monetary union is primarily a political project. It is the result of political negotiations among the most important members of the EU. It is being implemented by the creation of new political institutions. It will probably play a significant political role in the process of further EU integration. And monetary policy is a central element in economic policy.
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Alan Mil ward, an economic historian, argues that national economic interests drive all integration processes (see Milward, 1992). His colleague Richard Griffiths (1994) emphasises that there were other opportunities to create an economic alliance in Europe after World War II and that the Coal and Steel Community and the EC did not represent the most suitable approach if economic interests were the sole factors behind the idea of integration.
Nilsson(1996).
Dyson (1994).
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See Gidlund & Jerneck (1996) for a more detailed discussion.
Laffan (1996).
Sverdrup (1994).
See e.g. Bulmer & Paterson (1996).
Goetz (1996).
Mitterand (1988a).
Mitterand (1988b).
See Dyson (1994) for a detailed review of this.
See Dyson (1994) and Sandholz (1996).
Lund (1995).
Wallace (1995).
Dyson (1994).
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© 1997 Springer Science+Business Media Dordrecht
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Calmfors, L. et al. (1997). The EMU as a Political Project. In: EMU — A Swedish Perspective. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6183-5_9
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DOI: https://doi.org/10.1007/978-1-4615-6183-5_9
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-7834-1
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