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Discussion of Chapters 4, 5 and 6

In: From EMS to EMU: 1979 to 1999 and Beyond

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  • John Driffill

Abstract

These three chapters provide fascinating accounts of how France, Germany and Italy met the Maastricht criteria and got into EMU. They expose a number of sharp contrasts and similarities between the experiences of the three countries. A surprising contrast stands out and strikes the reader immediately, in some ways confirming but in other ways overturning stereotypical views of the countries in question. The account of Italy, in the South, is one of superficial disarray covering deeper currents of systematic change. By contrast Germany, in the North, is presented as a country in which, behind the stern facade, discipline and order were less than might have been expected. France, between the two, is shown as a country in which the road to EMU was strewn with unexpected obstacles, but in which there is closer correspondence between the surface show and the deeper forces at work.

Suggested Citation

  • John Driffill, 1999. "Discussion of Chapters 4, 5 and 6," Palgrave Macmillan Books, in: David Cobham & George Zis (ed.), From EMS to EMU: 1979 to 1999 and Beyond, pages 156-160, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27745-2_9
    DOI: 10.1007/978-1-349-27745-2_9
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