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Unions, Central Banks, and EMU
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Unions, Central Banks, and EMU: Labour Market Institutions and Monetary Integration in Europe

Bob Hancké

Abstract

This book examines the crisis of EMU through the lenses of comparative political economy. It retraces the development of labour markets and wage-setting systems in the core and peripheral EMU member states, and how these contributed to the increasing divergence between creditor and debtor states in the late 2000s. Starting with the construction of the Deutschmark bloc, through the Maastricht process of the 1990s, and into the first decade of EMU, this book analyzes how labour unions and wage determination systems adjusted in response to monetary integration and, in turn, influenced the shape t ... More

Keywords: Labour unions, EMU, monetary policy, labour markets, political economy

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780199662098
Published to Oxford Scholarship Online: September 2013 DOI:10.1093/acprof:oso/9780199662098.001.0001

Authors

Affiliations are at time of print publication.

Bob Hancké, author
Reader in Political Economy, European Institute, London School of Economics and Political Science

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