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    Social consensus in the EMU: the constitutional tenets of a currency union

    Tzanakopoulou, Maria (2019) Social consensus in the EMU: the constitutional tenets of a currency union. In: Haskell, J.D. and Rasulov, A. (eds.) New Voices and New Perspectives in International Economic Law. European Yearbook of International Economic Law. Springer, pp. 195-214. ISBN 9783030325114.

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    Constitutions are juridico-political tools used to pacify social conflict and maintain conditions of social peace in a given political entity. They do so in many ways – from creating a political trade off between opposing social forces to forging unity through the idea of a common national belonging. Monetary integration of the kind advanced in the EMU could possibly be a promoter of constitutionalism in the region: it is a key element of political integration and thus a potential driver of a common pan-European identity. However, monetary integration cannot in and of itself satisfy the demands of constitutionalism. The European Union effectively blocks any expression of European-wide social conflict, and locks European masses in a battle of nation versus nation. It is therefore hard to see how constitutionalism in the EMU can dispose of its national ties.


    Item Type: Book Section
    Additional Information: Series ISSN: 2510-6880. This is an Author Accepted Manuscript version of the chapter, reproduced with permission. The final authenticated version is available online at the link above.
    School: School of Law > Law
    Depositing User: Maria Tzanakopoulou
    Date Deposited: 05 Aug 2020 13:40
    Last Modified: 15 Feb 2022 13:59


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