Mourlon-Druol Lab

European University Institute

Centro (IT) (ITI) · Italy

ERC-funded
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ERC Starting Grant · 2016

The Making of a Lopsided Union: Economic Integration in the European Economic Community, 1957-1992

The project investigates European policymakers’ views about how to make the European Economic Community (EEC) fit for a monetary union. It will thus assess the origins of the issues that are currently bedevilling the EU. From the EEC creation in 1957 to the decision to create the euro in 1992, several proposals were tabled to improve the functioning of the EEC as a possible currency area. Five interconnected domains are crucial to achieve economic integration in a currency union, and were continuously discussed before 1992: macroeconomic policy coordination, fiscal transfers, capital market integration, banking regulation, and deepening of the common/single market. The project will provide…

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