"This collective volume is undoubtedly a major contribution to understanding the causes and consequences of the crisis of the Euro-zone, with a special emphasis on the implications of new and not yet EMU members. A skilful combination of contrasting theoretical and policy perspectives, a refreshing interchange among academics and practitioners from a number of countries, it is a must reading for anyone seriously interested in the political economy of crisis and reform in Europe." -- Laszlo Csaba, Professor of International Political Economy, Central European University and Corvinus University...

This book uses comparative economic analysis to provide a common conceptual framework for all current European Union member states.