The political economy of European monetary unification

As the European Community moves fitfully toward economic integration, the problems underlying planned monetary unification have repeatedly come to the fore, as in the currency crisis of 1992-1993 and the continuing tribulations of the Maastricht Treaty. An inescapable lesson of these developments is that political problems have become as crucial as economic ones.

In this book, a distinguished group of economists and political scientists cover the central political and economic issues facing European monetary unification. Although the chapters are inspired by current developments and will prove essential to Europeanists, they also seek to derive general analytical and theoretical conclusions valuable to anyone concerned with international political economy.