Beruflich Dokumente
Kultur Dokumente
Introduction
The Economic and Monetary Union (EMU) = group of policies aimed at converging the economies of members of the European Union in 3 stages allowing them to adopt the euro; Only the states the meet the Copenhagen criteria can join the EMU; All member states of the European Union are expected to join; The concept can be found from The League of Nations (Gustav Stresemann), The Schumann Plan, The Hague Conference, The Maastricht Treaty;
Conclusions
EMU went through 6 major stages in which the vision of EMU often was different from one period to the next; Actors pushing for it often included both Member States leaders, expert communities and the Commission. Also the direction was definitely not always towards more integration;
Successful integration plans were followed by periods in which the plan did not materialize, after which a much more modest concept of EMU was sought after.
Bibliography
Werner report, EMS and EMU: Problems and Prospects of European Monetary Cooperation by Matthias Kaelberer, Princeton University, Dpt. of Politics National Bank of Belgium working papers research series on the origins of the Franco-German EMU controversies Economic and Monetary Union Memo prepared for the State of the European Union Vol. 8 meetings by Amy Verdun The Process of European Integration from The Hague to Maastricht, 196992: An Irreversible Advance? by Michael J. Geary The Hague Summit reproduced from the Bulletin of the European Communities, No.1, 1970 Interim report on The establishment by stages of Economic and Monetary Union www.cvce.eu