The History Of The European Monetary Union

The financial and economic crisis that hit Europe in 2009 brought out the precariousness of the monetary union, accentuating the economic disequilibrium among European nations and strengthening Euro-skepticism. The crisis served as a catalyst for long-standing and unresolved problems: the creation of a singly monetary area with intergovernmental control, the final act in the construction of a Europe economically united but without a government and a state, the consequent discrepancy between forming a consensus that remains in large part national and the political dynamics in Europe, the sustainability of a monetary union in the absence of an economic-social union, which presents again the long-standing debate between monetarist countries and economist countries. This book aims at placing current events within a long-term framework composed of a mosaic of multidisciplinary contributions that can provide the reader with keys which are adequate for an understanding of these events...