"This book provides an original and wide-ranging analysis of the impact of Economic and Monetary Union (EMU) on economic governance in the EU and in several key Member States within and outside the Euro area. Its emphasis is on adaptation: how EMU encourages change in national and EU institutions and in national economic regimes. It assesses how the current euro area members coped with the early years of EMU and explores the challenges for future EMU members, bringing together economic, political science and legal perspectives."--Jacket.