In its pursuit of economic integration, economic and monetary union (EMU) had become a primary commitment for the European Community. Originally published in 1974, this study sets out to examine the meaning of economic union and its relationship with monetary union. The contributors look at the problems and costs for attaining economic union for the member states of the EEC at the time. Steven Robson writes on economic management. Paul Woolley examines the integration of capital markets. Santosh Mukherjee looks at the implications of labour market policy. Geoffrey Denton and Adam Ridley consider the impact of economic and monetary union on regional problems. Alan Prest is concerned with tax harmonisation specifically Value Added Tax and Corporation Tax and Douglas Dosser discusses the development of a European Community budget. Though the long-term benefits of EMU were clear, in the short term it would impose strains and pressures on national economies and particular sectors within them. This study goes a long way to clarifying where these difficulties would arise and suggests some ways of coping with them.

Examining the innovations of economic policy in the UK, France and Germany in the 1960s, this book originally published in 1968, assesses the degree of success of these policies and draws conclusion for the oreintation of future policy. The book contrasts the long history of national planning in France with the equally long history of anti-p[lanning ideology in Germany and by close examination of the actual policies, brings out the relaities that lie behind the public attitudes. It discusses the problems which lead to planning interventions, followed by a chapter on the UK, France and Germany. It examines in details particular adaptations of policy: namely quantitative programming, monetary policy, fiscal policy, public expenditures, regional policy, prices and incomes policy and the balance of payments, comparing developments in all 3 countries. It also looks at the beginning of economic planning at the level of the EEC, with particular implications for British entry.

The history of relations between the Europan Community and Thrkey has been a sad story, on both sides. Unrealism has been the keynote throughout. What was long overdue by the end of 1987 was to sweep away the past contradictions and tergiversations, and try to make a new start on a more realistic basis. Thrkey has now applied formally to resume as a full member of the Community. How ever, as several chapters of this Report show, there are on both sides great reservations a bout membership, unless this were intended to take place only many years ahead. Political ly, the relationship between the Community and Turkey was damaged by the Cyprus and Aegean problems between Thrkey and Greece. It began to break down already in 1964, and the breach was widened by the events of 1974 in Cyprus, by Greece's .subsequent rapid ac cession to the Community, and by the military take over in Thrkey in 1980. Since 1980 there has been a slow process of restoration of relations, marked by new elections in November 1983, and a gradual rehabilitation of Turkey's position in the Council of Europe by 1986, as Turkey strove to re-establish its credentials as a democratic state. Economically there were serious complaints on both sides about the working of the As sociation Agreement. In the Community it was feit that the economic policy of Thrkish go vernments prior to 1979 was in contradiction with the purposes of the Agreement."

As European integration widens and deepens, the relationship between the USA and the European Union remains troubled. What is the significance of the proposal for a New Transatlantic Marketplace agreement? How ill the introduction of the euro affect transatlantic monetary and transatlantic arrangements? In what ways would security relations be affected by EU enlargement and political integration? Each of thses major policy issues in the overall transatlantic partnership are addressed in Geoffrey Denton's report. The publication is the report of a major study of transatlantic relations conducted by TEPSA(Trans European Policy Studies Association). It considers the implications of change for transatlantic and global institutions. It will be of greta interest to plicy makers, business and students of international relations.