This volume puts forward a group of models applied to different economies, capturing the progress and growth of their economic systems. The models provide a quantified framework for the formulation of economic policy. They aid the introduction of targets and policy instruments taking account of constraints in the process of development. Also, an evaluation of external and internal shocks is taken using a comparative static type of analysis. The models take into account constraints which are in the nature of institutional as well as supply constraints. Problems of data exist in any...

This volume provides a detailed and comprehensive assessment of the performance of the Spanish economy in the 1990s and examines Spain's future prospects versus European Economic and Monetary Union.
It analyses recent structural changes in the Spanish economy and macro-economic performance, as well as developments in government policy. The book also contains in-depth empirical studies of recent reforms in the labour market, changes in industry and the process of privatisation. This is an extremely valuable work for all those with an interest in the Spanish economy and European Economics.

A detailed analysis of the economic effects of the changeover to a unified European currency and the pressures caused by a dual-currency system over the transition period to the Euro. Subjects discussed include:
* fiscal transfer payments: the implications of the US structure for the EMU
* consequences of parallel currency 1999-2002
* feasibility of a single currency without the exchange rate mechanism
* the relationship between the UK and Europe
* accounts of moves towards monetary union in Austria, Portugal and Finland.