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With euro banknotes and coins starting to circulate as of January
2002, this timely book comes at a crucial juncture for the European
Union. Exploring the origins of and progress toward the
introduction of the euro, the contributors focus on the importance
of economic and monetary union (EMU) as part of the larger process
of European integration. Thus, chapters consider the value and
limits of a range of theoretical approaches for understanding
economic and monetary integration, the pros and cons of EMU's
institutional design, and country-specific experiences. With an
international group of leading scholars representing a range of
disciplines, this book offers a broad perspective on the dynamics
of EMU.
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