Publication | Closed Access
The Maastricht Treaty, Economic and Monetary Union and the neo-realist research programme
248
Citations
49
References
1995
Year
European LawBalance Of PaymentLawEuropean Union LawSocial SciencesLegislationMonetary PolicyDiplomacyPolitical EconomyEuropean PoliticsEuropean Community LawEconomicsPublic PolicyInternational RelationsEuropean CommunityEuropean UnionInternational Monetary SystemInternational LawEuropean IssueInternational Monetary EconomicsMacroeconomicsMaastricht TreatyMonetary UnionInternational OrganizationPolitical ScienceNeo-realist Research Programme
With the Treaty on European Union, or the Maastricht Treaty, into force in November 1993, the member-states of the European Community (EC) appeared to be embarking on a far-reaching enterprise to enhance the authority of Community institutions. Continuing a process that had begun with the Single European Act (SEA), into force in 1987, Maastricht increased the powers of the European Parliament. It established mechanisms whereby EC countries were to seek to improve policy coordination in such diverse areas as social affairs, high technology, border controls, immigration, and anti-crime efforts. It committed the EC members to work toward the establishment of a common foreign and security policy. Most importantly, it laid out a path and timetable for qualified EC members to achieve Economic and Monetary Union (EMU) by the end of the 1990s.
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