European Union at the Crossroads

Edited by the late Christos C. Paraskevopoulos, formerly Professor and Chair, Department of Economics, York University, Canada and President, Athenian Policy Forum Inc., Canada

• Contents: Introduction Part I: Is Europe Ready for EMU? 1. The European Monetary Union in transition 2. Configurations and prospects for European integration and monetary unification 3. The EMS interest rates 4. Expected devaluations in the ERM 5. Stability of a monetary union Part II: Policy and Political Aspects of European Integration 6. Value-added tax and the internal market in the EU 7. Greek agriculture under the CAP 8. Economic integration and development 9. Primary convergence and European monetary integration 10. Capital flows, foreign exchange reserves and aggregate demand Part III: Lessons from the Nordic Enlargement and the Experience of the Southern Periphery 11. Swedish integration with the European Union 12. Did the ERM stabilize real exchange rates?