Abstract
Preface Introduction L.S.Talani Some Thoughts on Monetary and Political Union P.De Grauwe European Fiscal Policy Coordination and the Persistent Myth of Stabilization E.Jones The Role of Preferences and the Sustainability of EMU F.Torres Globalisation vs. Europeanization: Assessing the Impact of EMU on Business Cycle Affiliation M.Artis EMU and the Euro-Mediterranean Dialogue: Trade Interdependence Between Mediterranean and Euro-area Countries G.Fazio In and Out of Monetary Unions: Lessons from, and Risks for the EMU: An Alternative Approach to Monetary Unions A.Verde EMU and the Quest for Competitiveness L.S.Talani The Lisbon Strategy, Macroeconomic Stability and the Dilemma of Governance with Governments: Or Why Europe Is Not Becoming the World's Most Dynamic Economy S.Collignon Conclusion: The Future of EMU L.S.Talani
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