This handbook evaluates the persistent problems in the fiscal systems of state and local governments and what can be done to solve them. Each chapter provides a description of the discipline area, examines major developments in policy practices and research, and opines on future prospects.

History -- West european economic integration since 1950 (Nicholas Crafts) -- The history of European Economic and Monetary Union (Harold James) -- History of economic thought and policy-making at the European Commission (Ivo Maes) -- The single market and the euro -- The economics of the single...