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9780199572502

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This fine-grained analysis of economic governance in the EU provides nuanced insights into the challenges facing the eurozone and its members. The study also sheds light on wider issues about the alternatives to the traditional Community method of decision-making. Professor Helen Wallace, European Institute, London School of Economics and Political Science Dermot Hodson has provided a sophisticated and timely study of the governance of the Euro Area as a distinctive exercise in European integration. At a time when this new experiment is faced with a major economic and financial crisis he unravels in a masterful way the highly complex decision processes and assesses them in relation to current and emerging challenges. The book is essential reading for students of European integration. Professor Kenneth Dyson, School of European Studies, Cardiff University 'Hodson's greatest skill is not merely his capacity to explore the dilemmas of centralized versus decentralized policy-making or of informal versus formal styles of decision-making, but rather to illuminate and articulate the complex history of the EU's experiment with the Euro and economic governance with a lucidity of thought and a clarity of voice that demands that the reader sit up and listen to one of the outstanding commentators on Europe's political economy. Professor Kenneth Armstrong, School of Law, Queen Mary, University of London

This fine-grained analysis of economic governance in the EU provides nuanced insights into the challenges facing the eurozone and its members. The study also sheds light on wider issues about the alternatives to the traditional Community method of decision-making. Professor Helen Wallace, European Institute, London School of Economics and Political Science Dermot Hodson has provided a sophisticated and timely study of the governance of the Euro Area as a distinctive exercise in European integration. At a time when this new experiment is faced with a major economic and financial crisis he unravels in a masterful way the highly complex decision processes and assesses them in relation to current and emerging challenges. The book is essential reading for students of European integration. Professor Kenneth Dyson, School of European Studies, Cardiff University Hodson's greatest skill is not merely his capacity to explore the dilemmas of centralized versus decentralized policy-making or of informal versus formal styles of decision-making, but rather to illuminate and articulate the complex history of the EU's experiment with the Euro and economic governance with a lucidity of thought and a clarity of voice that demands that the reader sit up and listen to one of the outstanding commentators on Europe's political economy. Professor Kenneth Armstrong, School of Law, Queen Mary, University of London

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Dermot Hodson studied at Trinity College, Dublin, the College of Europe, Bruges and the London School of Economics. His research interests include the political economy of EMU, EU policy-making and UK public policy. He is Senior Lecturer in Political Economy at Birkbeck College, University of London.

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