The Social Experience of the Euro

17 Pages Posted: 22 Sep 2017

See all articles by Jeffery Atik

Jeffery Atik

Loyola Law School Los Angeles

Date Written: September 21, 2017

Abstract

The recent wave of nationalism in Europe - most clearly marked by Brexit - menaces the European Union and its institutions, including the Euro. As Europe heals from the loss of Great Britain, the Euro may serve as a continuing occasion for the construction of a European identity that will moderate receptivity to nationalist appeals. This essay examines the experience of the Euro as contributing to the formation of a European identity. Social experience, including negative social experience, with the Euro forges commonalities that unite as well as divide. The Euro remains territorially incomplete, its restricted zone of use signals incompleteness and doubt concerning the execution of the broader EU project. The Euro Crisis developed distinctly across differing Member States; the social experience of the Euro through the crisis breaks according to national lines. Going forward, revitalization and reformation of the Euro may assist European Union citizens in breaking clear of the more divisive consequences arising from their lingering attachments to nationalism.

Suggested Citation

Atik, Jeffery, The Social Experience of the Euro (September 21, 2017). Connecticut Journal of International Law, Vol. 32, No. 2, 2017; Loyola Law School, Los Angeles Legal Studies Research Paper No. 2017-38. Available at SSRN: https://ssrn.com/abstract=3040780

Jeffery Atik (Contact Author)

Loyola Law School Los Angeles ( email )

919 Albany Street
Los Angeles, CA 90015-1211
United States
213-736-8369 (Phone)
213-380-3769 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
12
Abstract Views
227
PlumX Metrics