Road to Monetary Union in Europe: The Emperor, the Kings, and the Genies (Expanded)

This is an indispensable guide to the processes that led to the creation of the European single market and the signing of the Maastricht Treaty. The new edition has been expanded to assess the economic, monetary, political, and institutional significance of the euro. It also reconsiders the rationale and underlying philosophy of EMU in the light of the developments of the past decade.