European Monetary Union

Providing a detailed overview of the financial implications of European Monetary Union, this collection contains contributions by leading academics, politicians and professional financial specialists from a number of European countries.

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A detailed analysis of the economic effects of the changeover to a unified European currency and the pressures caused by a dual-currency system over the transition period to the Euro. Subjects discussed include:
* fiscal transfer payments: the implications of the US structure for the EMU
* consequences of parallel currency 1999-2002
* feasibility of a single currency without the exchange rate mechanism
* the relationship between the UK and Europe
* accounts of moves towards monetary union in Austria, Portugal and Finland.