The Politics of the Euro-zone
Stability or Breakdown?
By (author) Kenneth H.F. Dyson
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Politics of the Euro-zone by Kenneth H.F. Dyson
Book DescriptionThe Euro-Zone represents the single most important step in European Integration since 1957 and one of the boldest economic, monetary, and political projects in modern history. In this first major study, the author examines the major political questions raised by the birth of the Euro-Zone on January 1 1999 and argues for a more politically informed analysis and assessment of its nature, operation, and prospects. How does the Euro-Zone operate? What does it mean for European States and for the political strategies of governments? How is its operation to be explained? What are its prospects for stability? What kinds of policies are needed to strengthen its capacity to withstand crisis? The book stresses the ECB-centric nature of the Euro-Zone and its implications both for policy and polices in Europe and for theories of integration. The ECB emerges as a powerful 'policy pusher' and 'ideational leader', with an authority and power exceeding that of the European Commission in the integration process. Dyson examines the elated problems of social justice, democratic consent, and identity. He also argues that the Euro-Zone represents a process of transition to the EU as a 'stabilization Staten An innovative aspect of the book is its application of a strength-strain model for the purpose of analyzing and assessing the stability of the Euro-Zone. It concludes that the stability of the Euro-Zone will be strongly conditioned by three factors: how Kantian rather than Hobbesian or Lockeian its political culture proves to be, with a key reproducibility failing here on the quality of political leadership; its possession of policy interments to tackle liquidity as well as debt traps; and the speed and efficiency of mechanisms of 'bench marking, policy transfer, and 'lesson-drawing'.
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Book DetailsISBN: 9780199241644
(242mm x 163mm x 23mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 28-Sep-2000
Country of Publication: United Kingdom
Books By Author Kenneth H.F. Dyson
European States and the Euro, Paperback (March 2002)
This volume brings together leading experts in the field to examine the nature of the effects of the euro on EU member states. The discussion revolves around two main issues - the introduction of euro notes and coins in 2002 and the prospect of a UK referendum on the single currency.
Road to Maastricht, Paperback (October 1999)
The Road to Maastricht provides a comprehensive and definitive account of how Europe signed up to Economic and Monetary Union. The book examines the dynamics of the treaty negotiations, focusing of the beliefs, motives, strategies and use of institutions by the leading European Union players.
Small and Medium Sized Enterprises, Paperback (November 1989)» View all books by Kenneth H.F. Dyson
Small firms are at the forefront of the European economy. To develop exports and fight off imports Europe's entrepreneurs have to 'think European'. This volume guides you through the EC's special policies for small firms.
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