Intro -- Contents -- 1. Introduction / Barry Eichengreen and Jeffry Frieden -- Part 1: Economic and Monetary Union -- 2. The Transition to Economic and Monetary Union / Geoffrey Garrett -- 3. The Political Economy of French Economic Policy in the Perspective of EMU / Christian de Boissieu and...

This article considers the evolution of Europe's monetary union over the next five to ten years, concentrating on the most important likely change, namely the increased number and heterogeneity of participating states

Could a high-access, quick-disbursing quot;insurance facilityquot; in the IMF help to reduce the incidence of sharp interruptions in capital flows (quot;sudden stopsquot;)? We contribute to the debate around this question by analyzing the impact of conventional IMF-supported programs on the...