What Is European Integration Really About? A Political Guide for Economists
Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists," we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established? What is European integration really about? We address these questions from a political-economy perspective, building on ideas and results from the economic literature on the formation of states and political unions. Specifically, we look at the motivations, assumptions, and limitations of the European strategy initiated by Jean Monnet and his collaborators of partially integrating policy functions in a few areas with the expectation that more integration will follow in other areas in a sort of chain reaction toward an "ever-closer union." The euro with its current problems is a child of that strategy and its limits.
Volume (Year): 27 (2013)
Issue (Month): 3 (Summer)
|Contact details of provider:|| Web page: https://www.aeaweb.org/jep/|
More information through EDIRC
|Order Information:||Web: https://www.aeaweb.org/subscribe.html|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mathias Thoenig & Thierry Mayer & Philippe Martin, 2010.
"The geography of conflicts and free trade agreements,"
Sciences Po publications
7740, Sciences Po.
- Martin, Philippe & Mayer, Thierry & Thoenig, Mathias, 2010. "The geography of conflicts and free trade agreements," CEPR Discussion Papers 7740, C.E.P.R. Discussion Papers.
- Philippe Martin & Thierry Mayer & Mathias Thoenig, 2010. "The geography of conflicts and free trade agreements," Working Papers hal-00973014, HAL.
- Martin, Philippe & Mayer, Thierry & Thoenig, Mathias, 2010. "The geography of conflicts and free trade agreements," CEPREMAP Working Papers (Docweb) 1019, CEPREMAP.
- Klaus Desmet & Ignacio Ortuño-Ortín & Romain Wacziarg, 2011.
"The Political Economy of Linguistic Cleavages,"
Working Papers VIVES Research Centre for Regional Economics
20, KU Leuven, Faculty of Economics and Business, VIVES Research Centre for Regional Economics.
- Perotti, Roberto & Alesina, Alberto, 2004. "The European Union: A Politically Incorrect View," Scholarly Articles 4553004, Harvard University Department of Economics.
- Philippe Martin & Thierry Mayer & Mathias Thoenig, 2008.
"Make Trade Not War?,"
Review of Economic Studies,
Oxford University Press, vol. 75(3), pages 865-900.
- Martin, Philippe & Mayer, Thierry & Thoenig, Mathias, 2005. "Make Trade not War?," CEPR Discussion Papers 5218, C.E.P.R. Discussion Papers.
- Martin, Philippe & Mayer, Thierry & Thoenig, Mathias, 2005. "Make trade not war ?," CEPREMAP Working Papers (Docweb) 0515, CEPREMAP.
- Philippe Martin & Thierry Mayer & Mathias Thoenig, 2008. "Make Trade not War?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00293018, HAL.
- Frieden, Jeffry A., 2002. "Real Sources of European Currency Policy: Sectoral Interests and European Monetary Integration," International Organization, Cambridge University Press, vol. 56(04), pages 831-860, September.
- Frankel, Jeffrey A & Rose, Andrew K, 1998.
"The Endogeneity of the Optimum Currency Area Criteria,"
Royal Economic Society, vol. 108(449), pages 1009-25, July.
- Frankel, Jeffrey A & Rose, Andrew K, 1996. "The Endogeneity of the Optimum Currency Area Criteria," CEPR Discussion Papers 1473, C.E.P.R. Discussion Papers.
- Jeffrey A. Frankel & Andrew K. Rose, 1996. "The Endogeneity of the Optimum Currency Area Criteria," NBER Working Papers 5700, National Bureau of Economic Research, Inc.
- Alberto Alesina & Roberto Perotti, 2004.
"The European Union: A Politically Incorrect View,"
Harvard Institute of Economic Research Working Papers
2029, Harvard - Institute of Economic Research.
- Enrico Spolaore & Alberto Alesina, 2001.
"War, Peace and the Size of Countries,"
Harvard Institute of Economic Research Working Papers
1937, Harvard - Institute of Economic Research.
- Barry Eichengreen, 2012. "European Monetary Integration with Benefit of Hindsight," Journal of Common Market Studies, Wiley Blackwell, vol. 50(S1), pages 123-136, 03.
- Spolaore, Enrico & Alesina, Alberto, 2006.
"Conflict, Defense Spending, and the Number of Nations,"
4553016, Harvard University Department of Economics.
- Alesina, Alberto & Spolaore, Enrico, 2006. "Conflict, defense spending, and the number of nations," European Economic Review, Elsevier, vol. 50(1), pages 91-120, January.
- Philip R. Lane, 2012. "The European Sovereign Debt Crisis," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 49-68, Summer.
- Geoffrey Garrett, 1993. "The Politics Of Maastricht," Economics and Politics, Wiley Blackwell, vol. 5(2), pages 105-123, 07.
- Klaus Desmet & Ignacio Ortuño-Ortín & Shlomo Weber, 2009.
"Linguistic Diversity and Redistribution,"
Journal of the European Economic Association,
MIT Press, vol. 7(6), pages 1291-1318, December.
- Andrew Moravcsik, 1993. "Preferences and Power in the European Community: A Liberal Intergovernmentalist Approach," Journal of Common Market Studies, Wiley Blackwell, vol. 31(4), pages 473-524, December.
- Dyson, Kenneth & Featherstone, Kevin, 1999. "The Road To Maastricht: Negotiating Economic and Monetary Union," OUP Catalogue, Oxford University Press, number 9780198296386.
- Barry Eichengreen & Jeffry Frieden, 1993. "The Political Economy Of European Monetary Unification: An Analytical Introduction," Economics and Politics, Wiley Blackwell, vol. 5(2), pages 85-104, 07.
When requesting a correction, please mention this item's handle: RePEc:aea:jecper:v:27:y:2013:i:3:p:125-44. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros)or (Michael P. Albert)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.