Emmanuel Mourlon-Druol's A Europe Made of Money: the emergence of the European PDF

By Emmanuel Mourlon-Druol

ISBN-10: 0801450837

ISBN-13: 9780801450839

A Europe made from Money is a brand new historical past of the making of the eu financial process (EMS), in response to wide archive study. Emmanuel Mourlon-Druol highlights long term methods within the financial and monetary negotiations within the decade top as much as the founding of the EMS in 1979. the 1st is a transnational studying technique related to a robust, networked eu financial elite that formed a behavior of cooperation between technocrats. the second one stresses the significance of the ecu Council, which held normal conferences among heads of presidency starting in 1974, giving EEC legitimacy to financial tasks that had formerly concerned semisecret and bilateral negotiations. The interplay of those good points replaced the EMS from a reasonably trivial piece of administrative enterprise to a drastically vital political agreement.

The inception of the EMS was once greeted as one of many landmark achievements of neighborhood cooperation, an enormous breakthrough within the construction of a unified Europe. but Mourlon-Druol's account stresses that the EMS is way greater than successful tale of economic cooperation. The technical feedback made via its architects demonstrate how country elites conceptualized the bigger venture of integration. And their financial coverage turned a marker for the belief of ecu identification. the disclosing of the EMS, Mourlon-Druol concludes, represented the convergence of fabric pursuits and symbolic, identity-based concerns.

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A Europe Made of Money: the emergence of the European Monetary System (Cornell Studies in Money) by Emmanuel Mourlon-Druol

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