Pisani-Ferry, Jean; Aghion, Philippe; Belka, Marek; von … - 2008
euro, EMU is still unfinished business. There is disagreement on which reforms are most desirable, the degree to which …(From introduction). By many standards, economic and monetary union (EMU) is a major success. The transition to the new … currency was remarkably smooth. The euro area has enjoyed remarkable price stability. After several years of disappointing …