This book provides an up-to-date analysis of some of the key issues
facing the European Union on the (potentially rocky) road towards
monetary union and enlargement. A wide range of topics is covered
from a diverse and critical perspective.After addressing general
questions concerning the deepening and widening of European
integration, the authors include theoretical and empirical analyses
of the implementation of EMU and its feasibility. They also
consider convergence and development within the European Union, and
the lessons to be learnt from the Nordic enlargement, as well as
the experience of the Southern periphery. While the economic
dimension is pervasive, the development of European Monetary Union
will also be highly dependent on internal political developments
and inter-member bargaining.
General
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