Publisher's Synopsis
A common currency for Europe. There are few events in the modern history of Europe that hold as many implications for the economic and political structure of Europe, for those people who reside in the states that form the European Union, or for future international relations between Europe, the United States and the rest of the world.;This work shows how Europe is integrating around money, and examines the progress toward a common currency using an interdisciplinary approach. Bringing together the economics, politics, and the history of the movement toward economic and monetary union (EMU), the book looks at such topics as the first significant attempt at EMU, the Werner report and its aftermath, the basis for and structure of the Delors report, and the development of the Maastricht Treaty, as well the crises that followed its signing.;Revealing the underlying forces which have created and maintained the momentum toward EMU, the book offers a long term vision and core of thought around which the ideas and issues surrounding money and Europe may be understood.
