Euros and Europeans
Monetary Integration and the European Model of Society
Andrew Martin editor George Ross editor
Format:Paperback
Publisher:Cambridge University Press
Published:28th Oct '04
Currently unavailable, and unfortunately no date known when it will be back
This paperback is available in another edition too:
- Hardback£69.00(9780521835701)
Examines how European national governments have been affected by EMU in their social and industrial policies.
Economic and Monetary Union (EMU) is a leap forward in European integration, removing authority over monetary policy from nation states. This volume examines the ways in which the 'European model of society' has been affected by EMU, showing how national governments have been constrained in their social and industrial policies.Economic and Monetary Union (EMU) is one of the most important developments in modern European politics. Building on two decades of monetary integration it transfers monetary policy, a core function of the modern state, to an independent European Central Bank (ECB) and limits member states' fiscal policy discretion. The ECB insists that growth and employment depend on 'flexibilizing' Europe's labor markets through deep reforms of the social policies and employment relations which comprise the 'European social model'. Member states retain authority over these areas at the heart of national politics, but how will EMU affect the domestic politics of institutional change? Will EMU reinforce de-regulation and retrenchment or will it facilitate reforms that maintain the protections against economic insecurity, inequality, and unilateral employer power the European model has provided? To address these questions, a transatlantic team of leading experts analyzes the evolving tensions between monetary integration and national social policies.
'For those interested in the development of the EU it is essential reading.' The Sprout
ISBN: 9780521543637
Dimensions: 229mm x 153mm x 26mm
Weight: 632g
398 pages