JOHN MCCOMBIE is Director of the Centre for Economic and Public Policy, University of Cambridge, UK, and Fellow in Economics, Downing College, University of Cambridge, UK. He has previously held positions at the University of Hull and the University of Melbourne. His research interests include the study of national and regional growth disparities, economic growth and balance-of-payments constraint, and criticisms of the aggregate production function and conventional measures of the rate of technical progress. CARLOS RODR GUEZ GONZ LEZ teaches at the Department of Applied Economics V, Un

'The overall impression of the book is that it combines comprehensive and accurate reasoning with good accessibility in a concise way. Due to the topicality and the introductory approach, it is well suitable as a textbook for undergraduates as for all those interested in a critical discussion of economic governance on the European level.' - Bernd Berghuber, INTERVENTION - European Journal of Economics and Economic Policy

• Introduction; J.McCombie & C.Rodriguez Guidelines for Sustained Growth in the EU? The Concept and Consequences of the Broad Economic Policy Guidelines; E.Hein & T.Niechoj Does the Maastricht Treaty Matter for Real Convergence? D.Furceri 'Nonsense Upon Stilts': An Assessment of the European Stability and Growth Pact and How it Might be Reformed; N.Allington & J.McCombie Is the Transatlantic Gap in Economic Growth Really Widening?; J.Hartwig Company Tax Competition and Coordination in an Enlarged EU; M.Schratzenstaller Does an Aging Population Justify a Radical Reform of Public Pension Systems in the European Union?; F.Serrano & J.Ferreiro The European Union Budget: CAP and European Economic Priorities; J.R.Murua & J.Albiac The European Union and (Fiscal) Federalism; R.H.Alves