Impact of EMU on Europe and the Developing Countries

'Highly readable... will no doubt prove useful for both specialists in the subject as well as policy-makers' -The Journal of Development StudiesNow that EMU is here and likely to stay, the 'second generation' of research is under way. This volume presents a significant sample of that research and explores questions such as: How do central bankers who used to run their own banks now melt into a single pot? Are labour markets going to shape up? Is the euro becoming a world currency?