The Future of EMU

1. Front Matter

   Pages i-xiv

   PDF

2. Introduction

   • Leila Simona Talani

   Pages 1-8

3. Some Thoughts on Monetary and Political Union

   • Paul De Grauwe

   Pages 9-28

4. European Fiscal Policy Co-ordination and the Persistent Myth of Stabilization

   • Erik Jones

   Pages 29-53

5. The Role of Preferences and the Sustainability of EMU

   • Francisco Torres

   Pages 54-74

6. Globalization vs. Europeanization: Assessing the Impact of EMU on Business Cycle Affiliation

   • Michael Artis

   Pages 75-88

7. EMU and the Euro-Mediterranean Dialogue: Trade Interdependence between Mediterranean and Euro-area Countries

   • Giorgio Fazio

   Pages 89-109

8. In and Out of Monetary Unions: Lessons From, and Risks For the EMU. An Alternative Approach to Monetary Unions

   • Antimo Verde

   Pages 110-143

9. EMU and the Quest for Competitiveness

   • Leila Simona Talani

   Pages 144-160

10. The Lisbon Strategy, Macroeconomic Stability and the Dilemma of Governance with Governments (Or Why Europe Is Not Becoming the World’s Most Dynamic Economy)

    • Stefan Collignon

    Pages 161-193

11. Conclusion: the Future of EMU

    • Leila Simona Talani

    Pages 194-197

12. Back Matter

    Pages 198-210

    PDF

As European integration continues, the future of EMU becomes ever more important. Can EMU help create an integrated European community, or will it prove a hindrance to the EU project? This book brings together the experts in the area to provide an interdisciplinary perspective on the issues expected to face EMU over the next few decades.

• Europe
• European Community
• European integration
• globalization
• Governance
• interdependence
• monetary union

'The Future of the EMU is a very timely and comprehensive study...The author skilfully shows the relationship between the EMU, strutural reforms, exchange rate policies and the unemployment problem...It would be a good tour de force for people who are interested in the different aspects of European integration' - Mustafa Kutlay, Turkish Weekly

• University of Bath, UK

  Leila Simona Talani

• London School of Economics, UK

  Leila Simona Talani

MICHAEL ARTIS Director, Manchester Regional Economics Centre, Institute for Political and Economic Governance, University of Manchester, UK STEFAN COLLIGNON Professor of Political Economy, Sant'Anna School of Advanced Studies, Pisa; Chairman, Scientific Committee of the Centro Europa Ricerche (CER), Roma, Italy GIORGIO FAZIO Lecturer in Economics, DSEAF, University of Palermo, Italy PAUL DE GRAUWE Professor of International Monetary Economics, Faculty of Economics and Applied Economics, Katholieke Universiteit Leuven; Research Fellow, Centre for Economic Policy Research, UK ERIK JONES Resident Professor of European Studies, Johns Hopkins Bologna Center FRANCISCO TORRES Professor and Head of Research, IEE, Catholic University, Lisbon, Portugal; Coordinator, European Studies Programme, Portuguese National Institute for Public Administration, Portugal ANTIMO VERDE Professor of International Economics, Università degli Studi della Tuscia, Viterbo, Italy

Policies and ethics