"The role of the Delors Committee in the creation of EMU: An epistemic community?"

Verdun, Amy. (1997) "The role of the Delors Committee in the creation of EMU: An epistemic community?". In: UNSPECIFIED, Seattle, WA. (Unpublished)

Preview

PDF Download (1584Kb) | Preview

Abstract

The agreement on Economic and Monetary Union (EMU) in the European Union is a significant move in the integration process. When explaining why EMU was accepted and incorporated in the Maastricht Treaty, little attention has been given to the role of monetary experts in this process. This paper examines their role in the creation of EMU by focusing on the Delors Committee that wrote the blueprint for EMU which was inserted in the Maastricht Treaty with few amendments. The paper discusses whether it was necessary for the EMU momentum that these monetary experts held similar ideas about how European monetary integration had to proceed. Furthermore, it investigates whether the Delors Committee fits the definition of an ‘epistemic community’ (Haas, 1992) and concludes that this is indeed the case. The paper closes by suggesting that this conceptual tool could enlarge our understanding of the role of expert committees in the process of European public policy-making.

Actions (login required)