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European States and the EuroEuropeanization, Variation, and Convergence$
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Kenneth Dyson

Print publication date: 2002

Print ISBN-13: 9780199250257

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199250251.001.0001

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The Italian State and the Euro: Institutions, Discourse, and Policy Regimes

The Italian State and the Euro: Institutions, Discourse, and Policy Regimes

Chapter:
(p.212) 8 The Italian State and the Euro: Institutions, Discourse, and Policy Regimes
Source:
European States and the Euro
Author(s):

Claudio Radaelli (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199250251.003.0009

Examines the extent to which EMU has changed Italy's economic policy institutions, and seeks to shed light on the type of change involved by discussing two rival hypotheses—of ‘simple coping strategies’ and of ‘paradigmatic response’, which can also be respectively described in terms of ‘simple’ and ‘thick’ learning. The former type denotes a gradual incremental process, whereas the latter denotes a discontinuous jump towards new ways of organizing knowledge. The chapter discusses when, why, and how actors responded to EMU and with what effects, distinguishing between elite behaviour at the constitutive level and its communicative discourse directed at the mass public.

Keywords:   EMU, Italy, monetary policy

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