Political Economy Of European Monetary Integration / Edition 2

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The first edition of this book was published in 1994, as the future of monetary unification in Europe was very much in doubt. With Economic and Monetary Union now in place, it is appropriate to bring the scholarship on the topic up to date for the students of international political economics. To this effect, essayists Jeffry Frieden, Geoffrey Garrett, Lisa L. Martin, Benjamin J. Cohen revised four of the original chapters to reflect new conditions. Editors, Barry Eichengreen and Frieden completely rewrote the introductory essay. Three new chapters by Matthew Gabel, Charles Engel, and Paul De Grauwe et al cover public support for EMU, local currency pricing, and whether Europe is now better off? The updated volume’s purpose remains that of bringing the latest in scholarship in Economics and Political Science to bear on the European monetary integration
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Editorial Reviews

Presents the latest scholarship on the economics and politics of European monetary unification, demonstrating how political constraints have shaped the design and operation of Europe's monetary union at the same time that changes in economic structure brought about by monetary integration continue to transform European politics. Discussion encompasses public support for monetary unification, local-currency pricing and the choice for the exchange rate regime, and the politics of Maastricht. Eichengreen teaches economics and political science at the University of California-Berkeley. Frieden teaches government at Harvard University. This second edition contains new material to reflect changes since 1994. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

Meet the Author

Barry Eichengreen is John L. Simpson Professor of Economics and Political Science at the University of California, Berkeley. Jeffry Frieden is professor of government at Harvard University. Barry Eichengreen is John L. Simpson Professor of Economics and Political Science at the University of California, Berkeley. Jeffry Frieden is professor of government at Harvard University.
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Table of Contents

1 The Political Economy of European Monetary Unification: An Analytical Introduction 1
2 Making Commitments: France and Italy in the European Monetary System, 1979-1985 25
3 The Politics of Maastricht 47
4 Linking Political and Monetary Union: The Maastricht Agenda and German Domestic Politics 67
5 International and Domestic Institutions in the EMU Process 87
6 On the Feasibility of a One-Speed or Multispeed European Monetary Union 107
7 The Transition to European Monetary Union and the European Monetary Institute 129
8 Beyond EMU: The Problem of Sustainability 149
9 Fiscal Policy and EMU 167
About the Book 191
About the Editors and Contributors 193
Index 195
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