'Dual Hegemony: France, Germany and the Making of Monetary Union in Europe'

摘要

The structure of the paper will be as follows: first, I will review the literature on the German Dominance Hypothesis. Next, I argue that European monetary integration progressed during a period of dual hegemony rather than straight German leadership. I demonstrate this through case studies of seminal events leading up to monetary integration: the inception of the European Monetary System in 1979 and its "maturing" in 1983; the negotiations leading up to the Maastricht Treaty and the 1992-93 currency crisis; and the controversy over the selection of the European Central Bank president.