Only one bed for two dreams: A critical retrospective on the debate over the economic governance of the euro area

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Series Details Vol.44, No.4, November 2006, p823-844
Publication Date November 2006
ISSN 0021-9886
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Abstract:

This article investigates why economic governance of EMU remains a matter for disagreement, revisiting in particular the Franco-German debate about the appropriate architecture. Is it due to divergent policy priorities within the same analytical framework? To different economic models? Or to non-economic considerations, such as the link with political union?
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