In the years since the demise of the Soviet Union, the process of democratization never started or, if it did, stalled and went into reverse in most of the non-Baltic post-Soviet states. While a good deal of scholarly attention has been devoted to the impact of transnational and international...

This paper considers two kinds of issues facing EMU. One concerns qualifications and membership: how qualifications are evaluated and which member states are likely to meet the criteria set for membership in the third stage of EMU in 1999. The other concerns the capacity of member states,...