Readership: Academic and business economists interested in the issues surrounding European Monetary Union; commentators and policymakers
Tommaso Padoa-Schioppa, Member of the Executive Board of the European Central Bank
Introduction: What Went Right? The Emperor, the Kings, and the Genies 1: Rules and Institutions in Multi-Country Economies 2: Capital Mobility: Why is the Treaty not Implemented? 3: Lessons from the European Monetary System 4: The ECU's Coming of Age 5: After the Single European Act: Efficiency, Stability, and Equity 6: The EMS is not Enough: The Need for Monetary Union 7: The Delors Report: From Intentions to Action 8: Monetary Union and Competition 9: Fiscal Compatibility and Monetary Constitution 10: Monetary Union and Political Union 11: On the Eve of Maastricht 12: After the Storm