In the run-up to the Intergovernmental Conference of the Member States of the EU in 1996, criticism of the convergence criteria laid down in the Maastricht Treaty selection and the scope left for interpretation is becoming ever vociferous. Will the shortcomings be rectified if, as demanded by...

EMU is a completely new policy regime which has significant economic implications and which, it is hoped, will ultimately enhance the role of Europe on the world stage. EMU and Economic Policy in Europe takes stock of the initial experiences of EMU and assesses the challenges which will have to...