From the Werner Plan to the EMUIn search of a Political Economy for EuropeLars Magnusson & Bo Stråth (eds.)

The aim of this book is to explore the preconditions of a European political economy. The establishment of the monetary union and the European Central Bank constitutes a major step towards grater economic, social and political integration between member states of the European Union. It represents, a momentous step in European history. What did the historically given preconditions of a European political economy mean, in practice and theory, in terms of future possibilities? Future prospects of EMU are addressed here from a historical perspective on European monitary integration, from the strains in the Dollar-based Bretton woods order in the 1960s and earlier, the Wener Plan around 1970, and the international market in the 1980s to the Maastricht Treaty in 1992.

The book is based on the reflections of a working group at the European University Institute in Florence between 1999 and 2001. The fifteen chapters are organised in clusters on the historical and conceptual setting, on financial institutions and economic theory, on social practices and legal framework and on future prospects.

Contributors: D. Ashiagbor, J. P. Burgess, J. de Beus, S. C. Dow, R. Hammersland, U. Liebert, B. MacLennan, L. Magnusson, T. Notermans, J. Ottosson, D. Purdy, O. B. Røste, R. Salais, B. Stråth, A. Verdun and H. Zimmermann.

Lars Magnusson & Bo Stråth (eds.), From the Werner Plan to the EMU, In Search of a Political Economy for Europe, Work and Society No. 29, P.I.E.-Peter Lang, Brussels 2001.