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Only One Bed for Two Dreams: A Critical Retrospective on the Debate over the Economic Governance of the Euro Area*

Jean Pisani‐ferry

Journal of Common Market Studies, 2006, vol. 44, issue 4, 823-844

Abstract: This article investigates why economic governance of EMU remains a matter for disagreement, revisiting in particular the Franco—German debate about the appropriate architecture. Is it due to divergent policy priorities within the same analytical framework? To different economic models? Or to non‐economic considerations, such as the link with political union?

Date: 2006
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https://doi.org/10.1111/j.1468-5965.2006.00664.x

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