With the introduction of euro notes and coins in 2002 and the prospect of a UK referendum on the single currency, questions about how Economic and Monetary Union is affecting European states will come ever closer to the centre of political debate right across Europe. This ground-breaking book brings together leading experts in the field to examine the nature of the effects of the euro on EU member states.

• 1. Introduction: EMU as Integration, Europeanization and Convergence


• 1 European and Global Contexts


• 2. Global Integration, EMU, and Monetary Governance in the European Union: The Political Economy of the 'Stability Culture'


• 3. EMU's Impact on National Institutions: Fusion towards an Economic Governance or Fragmentation?


• 4. The Political Economy of Fiscal Policy under Monetary Union


• 2 Domestic Political and Policy Contexts


• 5. Britain and EMU


• 6. EMU: A Danish Delight and Dilemma


• 7. The French State in the Euro-Zone; 'Modernization' and Legitimizing


• 8. Germany and the Euro: Redefining EMU, Handling Paradox, and Managing Uncertainty and Contingency


• 9. The Italian State and the Euro: Institutions, Discourse and Policy Regimes


• 10. The Netherlands and EMU: A Small Open Economy in Search of Prosperity


• 3 Sectors, States and EMU


• 11. Politics, Banks and Financial Market Governance in the Euro-Zone


• 12. The Euro and Labour Market and Wage Policies


• 13. Why EMU Is (or May Be) Good for European Welfare States


• 14. Conclusion: European States and Euro Economic Governance