Download A Europe Made of Money: the emergence of the European by Emmanuel Mourlon-Druol PDF

By Emmanuel Mourlon-Druol

A Europe made up of Money is a brand new background of the making of the ecu financial method (EMS), in response to vast archive learn. Emmanuel Mourlon-Druol highlights long term methods within the financial and fiscal negotiations within the decade prime as much as the founding of the EMS in 1979. the 1st is a transnational studying procedure related to a strong, networked ecu financial elite that formed a behavior of cooperation between technocrats. the second one stresses the significance of the eu Council, which held standard conferences among heads of presidency starting in 1974, giving EEC legitimacy to financial projects that had formerly concerned semisecret and bilateral negotiations. The interplay of those gains replaced the EMS from a pretty trivial piece of administrative company to a greatly very important political agreement.

The inception of the EMS was once greeted as one of many landmark achievements of neighborhood cooperation, a huge step forward within the production of a unified Europe. but Mourlon-Druol's account stresses that the EMS is way greater than a hit tale of economic cooperation. The technical feedback made via its architects show how nation elites conceptualized the bigger venture of integration. And their financial coverage turned a marker for the belief of eu id. the revealing of the EMS, Mourlon-Druol concludes, represented the convergence of fabric pursuits and symbolic, identity-based concerns.

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