Legal framework of the Single European Currency

Legal framework of the Single European Currency:

This book is based on the conference proceedings of a conference at Aberdeen Law Faculty, University of Aberdeen on 6-8 May 1998 which featured prominent academics, European lawyers, public lawyers and economists, and included a keynote address from Alistair Darling, then Chief Secretary to the Treasury. It seeks to address, in a comprehensive manner, the relationship between the single currency and the European legal order. It features a collection of essays by leading experts in European public law on the most significant single initiative in European integration of the past decade. Commencing with introductory essays on the legal and economic foundations and political context of the Euro, it then concentrates on the articulation of Monetary Union with other aspects of the legal and political order of the EU. The constitutional status of the institutions of Monetary Union is assessed as is the relationship between Monetary Union and the broader administrative structure and social objectives of the EU. A final essay considers the implications of the Euro for the cohesiveness of the European legal order in the early years of the twenty-first century.

Both descriptive and analytical, this book is concerned with the fine detail of the law but it also places that law in historical, political and economic context. The volume is edited by Paul Beaumont, Professor of European Union and Private International Law and Neil Walker, Professor of Legal and Constitutional Theory, both at the University of Aberdeen.