Is Maastricht a Good Contract
Bibliographic Data
| ID | 6281390 |
|---|---|
| Authors | Bernhard Winkler (European Central Bank, corresponding author) |
| Year | 1999 |
| Volume | 37 |
| Issue | 1 |
| Pages | 39-58 |
| Publication date | 1999-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | JCMS Journal of Common Market Studies (JOURNAL) |
| Journal identifiers | ISSN: 0021-9886 • E-ISSN: 1468-5965 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1468-5965.00149 |
| OpenAlex | W268088159 |
| Language | EN |
| Citations received | 1 |
The Maastricht Treaty calls for the creation of European Monetary Union (EMU) by 1999 but makes accession of individual countries conditional on the fulfilment of specific convergence criteria. The Maastricht transaction trades the replacement of the Bundesbank by a European Central Bank at the centre of European monetary affairs as a reward for prior convergence. This article interprets the Maastricht Treaty provisions as a contract device that organizes a difficult transition to EMU by providing convergence incentives, co‐ordinating conflicting national interests and extracting information about candidate countries’‘stability culture
Accession · Business · Convergence (economics · Database transaction · Economic and monetary union · Economic policy · Economics · European debt crisis · European integration · European union · Incentive · International economics · International trade · Maastricht Treaty · Macroeconomics · Market economy · Member states · Political science · Stability and Growth Pact · Treaty · Computer Science · European Monetary and Fiscal Policies · Global Financial Crisis and Policies · Law
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,05 |
| Citation span | 2005 - 2005 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |