The Political Economy Of Italy In The Euro: Between Credibility And Competitiveness (international Political Economy Series)
by Leila Simona Talani /
2017 / English / PDF
9.8 MB Download
This book proposes an alternative political economy framework
in which to analyse the question of the credibility of
international economic agreements, in general, and monetary
arrangements in particular. The focus is on European monetary
arrangements, from the establishment of the European Monetary
System to the crisis of the Euro-zone. The analysis is
predicated around the political economy of Italy’s access and
permanence in the Economic and Monetary Union (EMU). The author
argues that the case of Italy, which made a concerted effort to
join the EMU in the first wave, is particularly striking.
Support for the single currency was widespread when it was
introduced, yet something went wrong. Nowadays, its
participation to the European monetary integration process
cannot be easily taken for granted, especially after the
vicissitudes of the Euro-zone crisis.
This book proposes an alternative political economy framework
in which to analyse the question of the credibility of
international economic agreements, in general, and monetary
arrangements in particular. The focus is on European monetary
arrangements, from the establishment of the European Monetary
System to the crisis of the Euro-zone. The analysis is
predicated around the political economy of Italy’s access and
permanence in the Economic and Monetary Union (EMU). The author
argues that the case of Italy, which made a concerted effort to
join the EMU in the first wave, is particularly striking.
Support for the single currency was widespread when it was
introduced, yet something went wrong. Nowadays, its
participation to the European monetary integration process
cannot be easily taken for granted, especially after the
vicissitudes of the Euro-zone crisis.