Suchergebnisse

The article explores European integration theorization, although an extensive overview on the full range of theories & theoretical approaches is ruled out. At the outset, the emphasis is on how conventional frameworks approached regional integration. Subsequently, we focus on the debate opposing liberal intergovernmentalism & supranational governance. The final section presents contemporary theoretical alternatives, notably institutionalist, constructivist & discursive analysis approaches. References. Adapted from the source document.

The assumptions and lessons from the main theories of European integration (neofunctionalism and intergovernmentalism) are depicted in order to understand their explanatory potential for the creation and evolution of Economic and Monetary Union. Since both theories come from international relations theories, their restrictions on the context of European integration are obvious. Notwithstanding both theories explain different moments of European monetary integration, they need to be supplemented by other theoretical approaches that capture the particularisms of European integration. Thus, the role of ideas, the awareness of the Europeanisation of politics, and the influence of powerful epistemic communities come to the surface. Adapted from the source document.