ESCP Europe

Considers the way in which the European Union has affected autonomy in macroeconomic policy-making of the member states. It begins with an introduction to economic ideas, and explores current themes surrounding monetary and fiscal policy and European integration, including economic policy co-ordination, objectives in national policy-making and motivations for participating in the European Monetary System. Particular focus is given to the larger member states: * the United Kingdom * Germany * France * Italy.

Preface Acknowledgements 1. Introduction James Forder and Anand Menon 2. The EU and National Macroeconomic Policy: An Empirical Overview Jeffrey Harrop 3. Changing Views of Economic Policy Co-ordination James Forder 4. Changing objectives in National Policy Making Mary Gregory and Daniel Weiserbs 5. Motivations for Participating in the EMS Peter Oppenheimer 6. France Jacques Reland 7. Germany Elke Thiel and Ingeborg Schroeder 8. Italy Giacomo Vaciago 9. United Kingdom Michael Artis 10. Should Unemployment Convergence Precede Monetary Union? Andrea Boltho 11. Fiscal Policy and European Integration Christopher Allsopp 12. Conclusion: States, the European Union and Macroeconomic Policy Anand Menon and James Forder.