"The euro, economic interests and multi-level governance: Examining support for the common currency"

Banducci, Susan and Karp, Jeffrey and Loedel, Peter. (2001) "The euro, economic interests and multi-level governance: Examining support for the common currency". In: UNSPECIFIED, Madison, Wisconsin. (Unpublished)

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Abstract

Support for a common currency and the European Monetary Union signifies that European citizens are willing to transfer power from the nation-state to the European Union. This willingness to give up sovereignty has important implications for the further integration and development of the EU. We examine how support for the euro reflects a multi-level governance perspective of European integration. Are citizens less likely to support a common currency when their own national currency is strong? Our findings suggest that to some extent the effects of the multi-level governance perspective are conditioned by general attitudes toward the European integration and that other economic interests are also conditioned by factors such as occupational status.

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