The success of European monetary integration -- called by the editors of this CESifo volume "one of the most far-reaching, real world experiments in monetary policy to date" -- is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy...

The distribution of voting power in the European Union Council of Ministers is studied in regard to trade policy and social regulation. Member states are divided into three groups according to their attitudes toward the policy issues under consideration. The objectives are to evaluate member...