The book integrates political and economic analysis of Europe's Economic and Monetary Union in a format accessible to advanced undergraduates and graduate students.

* Preface * 1. The Political Economy of European Monetary Unification: An Analytical Introduction * Barry Eichengreen and Jeffry Frieden * 2. Making Commitments: France and Italy in the European Monetary System, 1979-1985 * Jeffry Frieden * 3. Divided Opinion, Common Currency: The Political Economy of Public Support for EMU * Matthew Gabel * 4. A Retrial in the Case Against the EMU: Local-Currency Pricing and the Choice of Exchange-Rate Regime * Charles Engel * 5. The Politics of Maastricht * Geoffrey Garrett * 6. International and Domestic Institutions in the EMU Process and Beyond * Lisa L. Martin * 7. From EMS to EMU: Are We Better off? * Paul De Grauwe, Hans Dewachter, and Yunus Aksoy * 8. Beyond EMU: The Problem Of Sustainability * Benjamin J. Cohen * Contributors * Index