The dynamics of European integration is increasingly topical as Europe's political leaders grapple with the nature and purpose of the EU in the light of major developments. This book provides an analysis of an unsettled Europe and the unsettled nature of scholarly analysis of the EU.

By examining the various policy subfields of European economic integration such as agriculture, trade, banking, economic governance and sustainability this book offers a comprehensive and wide-ranging analysis of developments that have taken place in the past five years aimed at exploring the path of economic integration in Europe.

This text primarily emphasizes the economic agenda associated with European integration, covering: European Monetary Unification and implications; economic integration, cohesion and regional policy; and community enlargement towards Central and Eastern Europe.

This title was first published in 2001. As economic integration touches ever more areas of society, more and more people are confronted by the bewildering complexity of the functioning of the European Union. Rather than merely focusing on the description of EU policies, this study of the economics of European integration seeks to: select the most relevant aspects and developments; place the wide variety of issues in a robust conceptual structure; integrate theoretical developments with the results of empirical research and of policy analysis; explain the logic of the dynamic processes; describe the structural features of the European economy; highlight the response of private companies to changes in the regulatory environment; depict the historical developments so as to give a sound basis for the understanding of the present situation and the likely future development; and set the European developments in the light of global developments. In practice Western Europe is the focus of major parts of this book.