The word "Monnet" refers to Jean Monnet, a significant French economist and political figure who played a key role in creating a common market in Europe after World War II. He was born in 1888 and passed away in 1979. Monnet's ideas and work contributed to the formation of what is now the European Union, promoting economic cooperation among European countries.
In more advanced discussions, you might refer to "Monnet's approach" or "Monnet's plan," which indicates the specific strategies he advocated for European integration.