Private Sector Involvement in the Euro: The Power of Ideas

This fresh look at how the EMU came about, challenges a number of well-established intergration theories. It shows that European integration is not only the work of governments and supranational institutions but the result of more subtle processes involving the emerging European civil society. The model on the power of ideas suggested in this book is applied to the work and impact of the two NGOs but has explanatory power for the process of European integration which goes well beyond the limits of this empirical study. This book will interest students, researchers and policymakers with an interest in Europe and its monetary union.

Stefan Collignon is Professor of European Political Economy at the London School of Economics and Political Science.