• Introduction: The Political and Institutional Deficits of Monetary Union ; The Unanticipated Fallout of European Monetary Union: An essay on the Political and Institutional Deficits of the Euro ; The Political Economy of the EU Financial Integration: The Battle of Systems ; Who wins and Who Losses in the City of London From the Establishment of European Monetary Union ; The Joy of Flux: What Europe May Learn form North America's Preference for National Currency Sovereignty ; The Pericles Paradigm, the Coase Theorem and Berlin's Pluralism in European Institutions ; Policies, Institutions and the Euro: Dilemmas of Legitimacy ; The Role and Status of the European Central Bank: Some Proposals for Accountability and Co-operation ; National Wage Determination and European Monetary Union ; Fiscal Federalism and the Reality of the EU Budget

provides a valuable guide to many of the central political issues emanating from EMU