Managing the European economy after the introduction of the Euro

Introduction

This unit focuses on key developments in the economy of the European Union (EU) since the advent of the Euro in 1999. Further, it concentrates on the challenges this has posed for economic policy formation and the governance of the EU's expanding economy. One of the central features of the post-Maastricht governance environment is the attempt to create a ‘single market in services’ for Europe. If the 1990s was the decade of the ‘single market programme’ (SMP) which concentrated on the integration of product markets, then the 2000s promise to be the decade of an equivalent attempt to create a single market for professional, financial and other services, and for capital flows.

This material is from our archive and is an adapted extract from Module Governing Europe (DD200) which is no longer taught by The Open University. If you want to study formally with us, you may wish to explore other courses we offer in this subject area [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] .