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Only One Bed for Two Dreams: A Critical Retrospective on the Debate over the Economic Governance of the Euro Area *
Author(s) -
PISANIFERRY JEAN
Publication year - 2006
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.2006.00664.x
Subject(s) - corporate governance , german , politics , economic governance , architecture , european union , political science , economic system , economics , political economy , positive economics , economic policy , law , geography , management , archaeology
This article investigates why economic governance of EMU remains a matter for disagreement, revisiting in particular the Franco—German debate about the appropriate architecture. Is it due to divergent policy priorities within the same analytical framework? To different economic models? Or to non‐economic considerations, such as the link with political union?