Failing Forward? The Euro Crisis and the Incomplete Nature of European Integration

Jones, Erik; Daniel Kelemen, R.; Meunier, Sophie

doi:10.1177/0010414015617966

Public

Failing Forward? The Euro Crisis and the Incomplete Nature of European Integration

Published in Comparative Political Studies • Dec 13, 2015

Authors:

Erik Jones

R. Daniel Kelemen

Sophie Meunier

Abstract

The European Union (EU) project of combining a single market with a common currency was incomplete from its inception. This article shows that the incompleteness of the governance architecture of Europe’s Economic and Monetary Union (EMU) was both a cause of the euro crisis and a characteristic patt...

Subject

European union

Common currency

European debt crisis

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