The political economy of European Monetary Union after the end of the Bretton Woods financial system

In: http://hdl.handle.net/11427/11863

Abstract

Includes abstract. ; Includes bibliographical references (leaves 122-139). ; The post-Bretton Woods financial system and the globalisation of financial markets have pronounced the unequal distribution of financial power across nation states. The majority of member countries in the eurozone with previously little financial power have chosen monetary integration as a response to globalisation. On the other hand, countries with substantial financial power such as Germany agreed to monetary integration for the sake of a mercantilist economic agenda and broader political goals.