Adjusting an institutional framework to a globalising world: the creation of new institutions in the EEC, 1957-1992

Mourlon-Druol, E. (2020) Adjusting an institutional framework to a globalising world: the creation of new institutions in the EEC, 1957-1992. Journal of Economic Policy Reform, 23(3), pp. 273-289. (doi: 10.1080/17487870.2019.1683009)

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Abstract

This article explores the development of all new EEC institutions between 1957 and 1992 within policy areas relevant to the possible development of a European single currency. It argues that if most institutions created pre-1992 were not crisis management institutions as would be the case post-2008, some important institutions were created in response to the perception of a structural international banking/political/economic crisis, particularly in the 1970s. This comparison in time underlines the continuity of reflections about the missing elements of a functioning single currency area, the obstacles to reform, and sheds light on the radical institutional changes that occurred post-2008.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Mourlon-Druol, Professor Emmanuel
Authors: Mourlon-Druol, E.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Journal of Economic Policy Reform
Publisher:Taylor & Francis
ISSN:1748-7870
ISSN (Online):1748-7889
Published Online:03 January 2020
Copyright Holders:Copyright © 2020 The Author
First Published:First published in Journal of Economic Policy Reform 23(3):273-289
Publisher Policy:Reproduced under a Creative Commons License

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Project CodeAward NoProject NamePrincipal InvestigatorFunder's NameFunder RefLead Dept
173755EURECONEmmanuel Mourlon-DruolEuropean Research Council (ERC)Mourlon-Druol, Dr EmmanueBS - Management