Business and the Euro

Business Groups and the Politics of EMU in Germany and the United Kingdom

By: Mark E. Dr Duckenfield

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Hardcover | 4 September 2006 | Edition Number 1

At a Glance

Hardcover
272 Pages

Dimensions(cm)
21.59 x 13.97 x 1.6

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In this timely book, political scientist Mark Duckenfield explores how British and German business associations formed their political attitudes towards Economic and Monetary Union from 1988 through 1998. He makes the provocative argument that business associations are not mere transmission belts for their members' economic interests, rather, they are political entities in their own right. Consequently they act strategically in order to promote their members specific interests and are particularly attentive to the configuration of partisan political forces in their national legislatures.

Industry Reviews

'This is an interesting subject and Duckenfield has amassed some rich empirical material from interviews on the way that business associations in Germany and the United Kingdom responded to the national debates in each country.' - Helen Thompson, Political Studies Review

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You Can Find This Book In

Non-Fiction Economics Macroeconomics Monetary Economics Political Economy International Economics Accounting & Finance Finance Corporate Finance Business & Management Management & Management Techniques Management of Specific Areas

Budgeting & Financial Management International Business

Acknowledgments	p. x
List of Tables and Figures	p. xii
List of Abbreviations	p. xiii
Introduction: Business and EMU	p. 1
The puzzle	p. 4
The literature	p. 4
Internationalisation and domestic politics	p. 6
Collective action	p. 9
Conventional explanation: economic interest	p. 12
Conventional explanation: public opinion	p. 14
The argument	p. 15
The associational arena: structuring interests	p. 18
The political arena: structuring interests	p. 27
Research design and case selection	p. 31
Summary	p. 33
Germany and the Politics of EMU	p. 34
Political institutions	p. 35
The government and Bundesbank	p. 35
The Bundestag and Bundesrat	p. 37
Parties	p. 40
The Delors Report	p. 46
German unification and the Maastricht Treaty	p. 47
The politics of convergence	p. 53
The (Growth and) Stability Pact	p. 53
The March 1996 Landtag elections	p. 56
The gold revaluation crisis	p. 59
EMU membership	p. 68
Conclusions	p. 69
German Business and EMU	p. 71
Organisation of the associational arena	p. 72
The Bundesverband der Deutschen Industrie (BDI)	p. 73
Deutscher Industrie und Handelstag (DIHT)	p. 76
Verband der Chemischen Industrie (VCI)	p. 77
Bundesverband der Deutschen Subwarenindustrie (BDSI)	p. 77
Hauptverband der Deutschen Bauindustrie (BI)	p. 78
Economic and Monetary Union	p. 79
Conclusions	p. 103
Britain and the Politics of EMU	p. 105
Political institutions	p. 105
The government and the Bank of England	p. 106
Parliament	p. 107
Parties	p. 109
The ERM (1990-92)	p. 113
Margaret Thatcher and the ERM	p. 113
John Major and Maastricht	p. 117
The Maastricht Crisis	p. 120
Informal inflation-targeting (1992-94)	p. 129
Formal inflation-targeting (1994-97)	p. 130
The 1997 general election	p. 133
Central Bank Independence (1997-Present)	p. 137
Conclusions	p. 141
British Business and EMU	p. 143
Organisation of the associational arena	p. 144
The Confederation of British Industry (CBI)	p. 145
Federation of Small Businesses (FSB)	p. 150
Institute of Directors (IoD)	p. 151
London Investment Banking Association (LIBA)	p. 151
National Farmers Union (NFU)	p. 152
Business strategies: membership in the ERM	p. 153
The Maastricht Treaty	p. 164
Economic and Monetary Union	p. 171
Conclusions	p. 184
Conclusion	p. 186
Empirical findings	p. 187
Theoretical implications	p. 194
EMU and after	p. 197
German Bundestag Elections, 1990-98	p. 198
British Parliamentary Elections, 1987-97	p. 199
Notes	p. 200
Bibliography	p. 232
News Sources	p. 249
Index	p. 250
Table of Contents provided by Ingram. All Rights Reserved.

Business and the Euro

Business Groups and the Politics of EMU in Germany and the United Kingdom

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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