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Author: Mikkel Haugård Hemmingsen
Publisher:
ISBN:
Category :
Languages : en
Pages : 250
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Book Description
Author: James D. Savage
Publisher: OUP Oxford
ISBN: 0191557358
Category : Political Science
Languages : en
Pages : 256
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Book Description
The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of three and sixty per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a three per cent deficit in Belgium equivalent to one in Italy or France? Making the EMU explores how the Treaty's budgetary surveillance procedure monitors member state budgetary policies, harmonizes their budgetary data, and effectively determines which member states qualified for member status and are subject to the Pact's sanctions. This book provides the first examination of how the EU entrusted the credibility of these critical budgetary figures to a relatively minor European Commission agency, and what effect the surveillance procedure has on the making of the EMU and the enforcement of Maastricht.
Author: Mikkel Haugård Hemmingsen
Publisher:
ISBN:
Category :
Languages : en
Pages : 250
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 16
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Book Description
The signature of the 1992 Maastricht Treaty was a major step in the development of the European Union (EU). It represented not only the key moment of the introduction of the single currency, but also the result of difficult negotiations during which important initial objectives fell by the wayside, notably the idea to accompany economic and monetary union (EMU) with stronger political integration. The financial and public debt crisis that started in 2008, as well as its later political fall-out, could hence be seen as the result of a political structure inadequate to foster economic and monetary integration. Therefore, a historical evaluation of the political context which led to this outcome of the 1991 Intergovernmental Conference (IGC) seems appropriate.
Author: Thomas Christiansen
Publisher: Routledge
ISBN: 113490701X
Category : Political Science
Languages : en
Pages : 188
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Book Description
The Maastricht Treaty, signed in 1992 and ratified in the following year, is widely seen as a landmark in the evolution of the European Union. It introduced into the treaty framework revolutionary new elements such as the co-decision procedure between the Council and the European Parliament, cooperation in the area of Justice and Home Affairs, the Common Foreign and Security Policy and the "euro" as a single currency for the majority of the then member states. It also introduced the concept of European citizenship into the treaty, reflecting the rising expectations of both citizens and decision-makers in the European project, and upgraded the role of the European Council at the summit of the EU’s institutional structure. Twenty years later, each of these innovations remain of central importance for the process of European integration, while current developments provide a valuable opportunity to reflect on the historical decisions taken in Maastricht in order to assess their significance and examine the subsequent evolution of the Union. This volume brings together an international group of leading scholars in the field in order to provide such an assessment, with each article both looking back over the developments within each of these domains as well as looking ahead to the way in which the EU is positioned to address current challenges. This book was published as a special issue of the Journal of European Integration.
Author: Mr.Robert Alan Feldman
Publisher: International Monetary Fund
ISBN: 1451850417
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
Economic and Monetary Union (EMU) has a number of institutional implications for the transition countries of Central and Eastern Europe and selected Mediterranean countries that aspire to join the European Union (EU). After describing the current institutional framework for their relations with the EU, the paper examines two basic categories of institutional effects: those stemming from the need to satisfy the Maastricht convergence criteria before joining the euro area, and those stemming from the need to adopt the EU’s institutional and legal provisions in the area of EMU.
Author:
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 16
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Book Description
Author: Paul Michael Lützeler
Publisher: Berghahn Books
ISBN: 9781571810205
Category : Business & Economics
Languages : en
Pages : 332
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Book Description
Contributors from East and West Europe, Russia, and the US discuss the impact of the Treaty on the European Union (Maestricht Treaty) on American-European cooperation. Topics include the balance of power in NATO, monetary union in Europe, economic cooperation between Russia and the EC countries, environmental policy in Europe, and women in the EC b.
Author: Lorenzo Bini Smaghi
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 86
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Book Description
Author: Centre for Economic Policy Research (Great Britain)
Publisher: Centre for Economic Policy Research
ISBN: 9781898128311
Category : Business & Economics
Languages : en
Pages : 76
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Book Description
This report of an independent panel, chaired by Rupert Pennant-Rea, considers the policy implications for the UK of different strategies on membership of EMU: I) aiming to join in the first wave; ii) aiming to join later; iii) waiting to see how EMU works out; and iv) deciding in principle, not to join.
Author: Charles Albert Eric Goodhart
Publisher:
ISBN:
Category : Europe
Languages : en
Pages : 354
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Book Description
Constituye una ampliacion de los trabajos presentados en la Conferencia organizada por el Grupo de Mercados Financieros que tuvo lugar en la London School of Economics en enero de 1992. Los dos primeros tratan de la Union Economica y Monetaria (UEM) y del Sistema Europeo de Bancos Centrales (SEBC) despues de Maastricht. Otra serie de trabajos examinan la relacion entre la politica fiscal y la UEM. Las relaciones exteriores de la UEM constituyen el objeto de sendos trabajos. Incluye bibliografia. (igg).
