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A Europe Made of Money – The Emergence of the European Monetary System - Cornell Scholarship Online
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A Europe Made of Money: The Emergence of the European Monetary System

Emmanuel Mourlon-Druol


This book is a new history of the making of the European Monetary System (EMS). It highlights two long-term processes in the monetary and economic negotiations in the decade leading up to the founding of the EMS in 1979. The first is a transnational learning process involving a powerful, networked European monetary elite that shaped a habit of cooperation among technocrats. The second stresses the importance of the European Council, which held regular meetings between heads of government beginning in 1974, giving European Economic Community legitimacy to monetary initiatives that had previousl ... More

Keywords: monetary elite, European Monetary System, European Council, European Economic Community, monetary policy, European identity, monetary initiatives, negotiations

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780801450839
Published to Cornell Scholarship Online: August 2016 DOI:10.7591/cornell/9780801450839.001.0001


Affiliations are at time of print publication.

Emmanuel Mourlon-Druol, author
University of Glasgow