The economics of Europe: From Common Market to European Union, 9th ed.

Book abstract:

Since 'the Six' signed the Treaty of Rome in 1957, massive changes have swept through what was known as the Common Market and is now the European Union. The Union continues to develop both in terms of membership and influence, not least the advent of the single currency, and is now the centrepiece of the movement towards closer political, social and economic integration in Europe.

'The Economics of Europe', formerly published as 'The Economics of the Common Market', has been fully revised and updated to present a picture of the European Union as it enters the new millennium. This new edition builds on previous volumes to provide an in-depth study of the economic principles underlying the extended scope of the EU. It includes a fully updated survey of the decision-making institutions and a discussion of new legislation, including the Maastricht Treaty of 1992 and the 1997 Treaty of Amsterdam. Other major aspects - transport and tariff barriers, fisheries and factor movements, foreign policy and defence, social, regional and industrial policy, energy and the environment - are given equally comprehensive treatment, as are the challenges facing the European Union today.

The chapters are: The evolution of the European Union; The Union decision-making institutions; The Community budget and borrowing powers; Tariff barriers and the Customs Union; Non-tariff barriers in the Customs Union; Factor movements and the Common Market; Econmic and monetary union; Agriculture, fisheries and transport; Regional and social policy; Industry, energy, the consumer and the environment; Global trading relationships; Challenges facing the European Union.

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