The purpose of this book is to provide an analysis of the emerging political and economic dilemmas EC member nations face on the road to Economic and Monetary Union (EMU) since the signing of the Maastricht Treaty. Due to the fast-changing nature of the character, and thus the pace, of European monetary and economic integration, this book addresses the critical economic and political issues that threaten the European integration process during this decade and beyond.
`Rehman's book is therefore highly recommended to students of economics, politics and IPE. It provides the detailed information one should have to discuss seriously the risks and virtues of EMU.'
Hartmut Mayer, St. Peter's College, University of Oxford, UK