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The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945. Europe has been transformed since the Second Wor

It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates

Written from 1985 to 1992, the author's essays address such topics as the transition to a European monetary system, the design and functioning of a European Cen

Based on research commissioned by the European Parliament, this volume allows the economists contributing to offer their own explanations for the collapse of th

Monetary Policy in a Converging Europe covers the most important monetary issues in the transition towards an Economic and Monetary Union in Europe, containing