Jump to ContentJump to Main Navigation
Elitism, Populism, and European Politics$
Users without a subscription are not able to see the full content.

Jack Hayward

Print publication date: 1996

Print ISBN-13: 9780198280354

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198280351.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 17 December 2018

The Fluctuating Rationale of Monetary Union

The Fluctuating Rationale of Monetary Union

Chapter:
(p.220) 11 The Fluctuating Rationale of Monetary Union
Source:
Elitism, Populism, and European Politics
Author(s):

James Forder

Peter Oppenheimer

Publisher:
Oxford University Press
DOI:10.1093/0198280351.003.0012

The conditions for monetary union incorporated in the Maastricht Treaty conflict with the interests of the European peoples by giving priority to maintaining price stability over employment and growth. This involved capitulation in the 1980s to German Bundesbank insistence. The resulting disinflationary impetus in the Maastricht convergence criteria was relayed by successive reports from the European Commission rejecting responsibility for output and employment levels.

Keywords:   Bundesbank, convergence criteria, employment, European Commission, Maastricht Treaty, monetary union, price stability

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .