Playing the Market - 9780801444630

Cornell University Press

Playing the MarketA Political Strategy for Uniting Europe, 19852005\nAuthor(s): Nicolas Jabko\nFormat: Hardback\nPublisher: Cornell University Press, United States\nImprint: Cornell University Press\nISBN-13: 9780801444630, 978-0801444630\nSynopsis\nIn the 1980s and 1990s, Nicolas Jabko suggests, the character of European integration altered radically, from slow growth to what he terms a \""quiet revolution.\"" In this book he traces the political strategy that underlay the move from the Single Market of 1986 through the official creation of the European Union in 1992 to the coming of the euro in 1999. The official, shared language of the political forces behind this revolution was that of market reformsyet, as Jabko notes, this was a very strange \""market\"" revolution, one that saw the building of massive new public institutions designed to regulate economic activity, such as the Economic and Monetary Union, and deeper liberalization in economic areas unaffected by external pressure t.