The Crisis of Europe’s Centralized Federalism: Ambiguities of a Harmonized Currency Union
By Enrico Colombatto
This article appeared in the Spring 2000 issue of The Independent Review

Despite the promise that the Economic and Monetary Union will promote prosperity and harmony, Europeans have met its arrival largely with indifference or suspicion. This lack of enthusiasm is likely to tame the ambitious of those who would try to manipulate the EMU for private gain—at least in the short run.

Other Independent Review articles by Enrico Colombatto
    Winter 2012   Is There a Health-Care Problem in Western Societies?
    Summer 2008   The European Economy since 1945: Coordinated Capitalism and Beyond
    Summer 2005   Euro as Politics

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