Euros and Europeans: Monetary Integration and the European Model of Society

This book analyzes the tensions between monetary integration, culminating in Economic and Monetary Union (EMU), and the social and employment policies which define the 'European social model'. Through the policies of the European Central Bank, EMU has led to pressure to make Europe's labor markets as flexible as Americas. In this book, leading scholars ask whether this will erode the European social model or whether domestic political forces committed to national variants of the model can maintain the greater protection it provides against economic insecurity, inequality, and employer power.