A Europe Made of Money is a new history of the making of the European Monetary System (EMS), based on extensive archive research. Emmanuel Mourlon-Druol highlights two long-term processes in the monetary and economic negotiations in the decade leading up to the founding of the EMS in 1979. The first is a transnational learning process involving… Continue reading
Central Bankers from the Failure of the Werner Plan to the creation of the EMS, 1974-1979 This article focuses on the role of central bankers in European monetary cooperation, from the failure of the Werner Plan to the creation of the European Monetary System (EMS). The role of central bankers in the run-up to the… Continue reading
“The Central Banks and the States” conference organised by the Historical Mission of the Bank of France on 15-16 March 2011 in Paris. Dr Emmanuel Mourlon-Druol will give a presentation entitled “Un nouveau système monétaire dans un système politique en mutation: Les banques centrales, la CEE, et la création du SME.” Abstract L’objet de cette… Continue reading
Integrating an International Political Economy Dimension into European Integration History: the Challenges of the 1970s For anyone interested in international political economy (IPE), the fact that European integration is embedded in global influences is, arguably, a given. Economic and monetary phenomena do not really know borders – or at least not in the same way… Continue reading
In this paper, Dr Emmanuel Mourlon-Druol sheds light on the current euro crisis by looking at the debates preceding the conception of the euro. How can the early days of EU monetary cooperation help us understand today’s predicament? And what lessons can we draw from them for the euro? Reference Emmanuel Mourlon-Druol, The Euro… Continue reading
