Origins and ways out of the euro crisis : supranational institution building in the era of global finance.

Bibliografía : páginas 125-126.

The euro exhibits the limits of a functionalist approach to european integration, 98 ; Financial liberalization fuels and then reveals the structural unbalances of european governance, 101 ; A systemic crisis, quite difficult to overcome, 110 ; The end of the euro or a United States of Europe? A future widely open to contrasted configurations, 115 ; Conclusion, 124

The article describes the complex process of emergence of the Euro, led by a rather functionalist conception of supranational institution building, in interaction with financial innovation and globalization.