The Finance, Law, and Economics working group is thrilled to announce a new webinar from this interdisciplinary series! We are glad to have Erik Jones on board with us, who will discuss a forthcoming book contribution entitled The Politics of Economic and Monetary Union.
The purpose of this chapter is to explain why so many experts were surprised by the politics that surrounded Europe’s economic and monetary union both during and after the financial crisis that dominated the first two decades of the 21st Century. This question is important because it has changed fundamentally the relationship between the euro as a single currency and the European Union as a larger project. Before the crisis it was fair to say that the euro existed to serve the European Union, as one of the many important building blocks in the wider project of European integration. During and after the crisis, it became more common to assert that an end of the euro would entail the end of the European project. That inversion of priorities was unexpected – and it explains, more than anything else, why the politics of economic and monetary union can no longer be ignored.
Erik Jones is Director of European and Eurasian Studies and Professor of European Studies and International Political Economy at the Paul H. Nitze School of Advanced International Studies of the Johns Hopkins University. He is also Senior Research Associate at the Istituto per gli studi di politica internazionale (ISPI), Milan.
We look forward to seeing you online on Wednesday, 12 June at 17:00 CEST!