How will the European Monetary Union reshape the political and institutional landscape of the region beyond mere fiscal policy? Colin Crouch, a prominent sociologist and political economist, leads a collection of scholars in analyzing the long-term structural consequences of the Euro. The text moves past standard debates regarding monetary sovereignty to investigate how national institutions must adapt to a unified currency framework.

Experts recognize this work as a significant contribution to the political economy of the European Union. Readers frequently note the academic density of the prose, which provides a rigorous foundation for understanding the institutional challenges facing the Eurozone.