The authors offer a sustained argument that the single currency as currently implemented does not promise to deliver prolonged growth. They contend that the economic impact of the euro, and its accompanying institutions, is likely to be destabilising and deflationary; that the political impact...

EC-EFTA relations : an historical outline / Thomas Pedersen -- European security in transformation / Martin Saeter -- Foreign policy : towards a dialogue / Elfriede Regelsberger -- Economic interdependence / Per Magnus Wijkman -- Extending the EES to services / Michael Klein -- The monetary...