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Monetary Union, Fiscal Crisis and the Preemption of Democracy

The European Monetary Union (EMU) has removed crucial instruments of macroeconomic management from the control of democratically accountable governments. Worse still, the EMU has systemically caused destabilizing macroeconomic imbalances that member states found difficult or impossible to... Full description

1st Person: Scharpf, Fritz W.
Type of Publication: Paper
Published: Köln Max-Planck-Institut für Gesellschaftsforschung 2011
Series: MPIfG Discussion Paper ; Vol. 11/11
Online: Neue Quelle: In: Zeitschrift für Staats- und Europawissenschaften 9(2), 2011, 163–198.
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