From EMS to EMU: 1979 to 1999 and Beyond

DAVID COBHAM is Senior Lecturer in Economics at the University of St Andrews. GEORGE ZIS is Professor of Economics in the Department of Economics and Economic History at Manchester Metropolitan University.

'Cobham and Zis has two major selling-points: timeliness and insight.' - Erik Jones, Political Studies

• Introduction; D.Cobham & G.Zis Keynote Paper: The Monetary Policy Strategy of the European Central Bank; I.Angeloni, V.Gaspar & O.Tristani Discussion of Chapter 2; C.Goodhart The European Monetary System: an Unexpected Success?; G.Zis Discussion of Chapter 3; C.Allsopp Tumbling Giant: Germany's Experience with the Maastricht Fiscal Criteria; J.von Hagen & R.Strauch France and the Maastricht Criteria: Fiscal Retrenchment and Labour Market Adjustment; S.Bazen & E.Girardin The Prodigal Son or a Confidence Trickster? How Italy got into EMU; V.Chiorazzo & L.Spaventa Discussions of Chapters 4,5 & 6; J.Driffill The UK and EMU; M.Artis Can Britain Join the Euro? Political Opportunities and Impediments; J.Curtice Discussion of Chapters 7 & 8; P.Stephens & M.Weale On the Conduct of Monetary Policy in an Asymmetric Euroland; P.DeGrauwe, H.Dewachter & Y.Aksoy Discussion of Chapter 9; A.Haldane The Relationship Between the European Central Bank and the National Central Banks; R.Pringle & M.Turner Discussion of Chapter 10; J.Bisignano The Emergence of International Currencies: Will the Euro be Used Internationally?; P.Mizen Discussion of Chapter 11; A.Sutherland Epilogue; D.Cobham