Description: The often complex topic of economic unification in Europe is tackled in this new coedited volume. Focusing particularly on the issues facing smaller countries on the continent, Joining Europe's Monetary Club provides unique insights into the impact that European monetary union (EMU) has had on each country's national agenda. The collection offers a detailed analysis of preparations for EMU membership in nine countries and reveals the importance of monetary mergence as a policy instrument at the national level. Together the essays show how the success of EMU depends as much upon how well it serves national objectives as upon how much it benefits the whole of Europe. Given the wide diversity of institutions across member states, Joining Europe's Monetary Club is essential reading for anyone interested in knowing whether EMU will happen, and, if so, how successful it will be.

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