This book explores the issue of fiscal federalism within the context of EU integration from theoretical, historical, policy and global perspectives.

1. Fiscal federalism and EMU: an appraisal Philip Whyman and Mark BaimbridgePart 1: Theory of fiscal federalism 2. An essay on fiscal federalism Wallace E. Oates 3. The political economy of EMU and the EU Stability Pact Ralph RottePart 2: Development of EU budgetary measures 4. The development of EU budgetary measures and the rise of structural funding Jeffrey Harrop 5. The development of the EU budget and EMU Brian ArdyPart 3: EMU and fiscal federalism 6. Stabilisation in EMU: a critical review Robert Ackrill 7. Fiscal and monetary policies Edward M. Gramlichand Paul R. WoodPart 4: A global perspective 8. Australia's federal experience Jeff Petcheyand Graeme Wells 9. Fiscal federalism in Switzerland: a public choice approach Christoph A. Schaltegger and René L. Frey 10. Fiscal institutions, regional adjustment and convergence in Canada's currency union: lessons for EMU Tracy R. Snoddon

Mark Baimbridge is Senior Lecturer on Economics at the University of Bradford, UK. Philip Whyman is Reader in Economics at the University of Central Lancashire.