Cover: Making the European Monetary Union, from Harvard University PressCover: Making the European Monetary Union in PAPERBACK

Making the European Monetary Union

  • List of Figures*
  • Foreword [Mario Draghi and Jaime Caruana]
  • Abbreviations Used in Text
  • Introduction: The Making of a Non-National Currency
  • 1. A Napoleonic Prelude
  • 2. The Origins of the Committee of Governors
  • 3. The Response to Global Monetary Turbulence
  • 4. The Snake and Other Animals
  • 5. Negotiating the European Monetary System
  • 6. The Malaise of the 1980s
  • 7. The Delors Committee and the Relaunching of Europe
  • 8. Designing a Central Bank
  • 9. The EMS Crises
  • Conclusion: The Euro and the Legacy of the Committee of Governors
  • Appendix A: Maastricht Treaty Text and Committee of Governors’ Draft of the Statute of the European Monetary Institute
  • Appendix B: Maastricht Treaty Text and Committee of Governors’ Draft of the Statute of the European Central Bank
  • Appendix C: Dramatis Personae
  • Appendix D: Members of the Committee of Governors
  • Appendix E: Committee for the Study of Economic and Monetary Union (Delors Committee), 1988–1989
  • Appendix F: Chairmen of the Monetary Committee of the European Community, 1958–1998
  • Appendix G: European Commission Presidents and Commissioners for Economics and Finance, 1958–
  • Appendix H: Chronology
  • Appendix I: Interest Rates and Fiscal Balance
  • Notes
  • Acknowledgments
  • Index
  • * Figures:
    • I.1. Sum of current account imbalances in deficit and surplus countries, 1960–2010
    • I.2. Committees and comitology
    • 4.1. Exchange rates, 1971–1979
    • 4.2. Real effective exchange rate for Deutsche Mark, 1963–1993
    • 6.1. Net positions in EMCF, 1979–1995
    • 6.2. Exchange rates, 1979–1983
    • 7.1. Deutsche Mark interventions in dollars, 1979–1993
    • 7.2. Exchange rates, 1982–1989
    • 7.3. Marginal and intramarginal interventions, 1986–1993
    • 9.1. Exchange rates, 1989–1993
    • 9.2. Operations to defend the British pound, July–September 1992
    • 9.3. Competitiveness and overall trade balance, 1990–1992
    • 9.4. Interventions in French franc crisis, June 25–July 31, 1993
    • AI.1. Inflation, 1965–2000
    • AI.2. Nominal policy interest rates, 1960–2012
    • AI.3. Real policy interest rates, 1960–2012
    • AI.4. General government budget balances, 1960–2010
    • AI.5. Current account balances, 1965–2000

Recent News

From Our Blog

Cover: Ruin the Sacred Truths: Poetry and Belief from the Bible to the Present, by Harold Bloom, from Harvard University Press

Remembering Harold Bloom

Harold Bloom, the literary critic who championed the Western canon, died at age 89 last month. Lindsay Waters, HUP Executive Editor for the Humanities, looks back on their publishing history, their friendship, and Bloom’s great contributions to the literary community

‘manifold glories of classical Greek and Latin’

The digital Loeb Classical Library ( extends the founding mission of James Loeb with an interconnected, fully searchable, perpetually growing virtual library of all that is important in Greek and Latin literature.