00521nam a2200097Ia 450000500170000010000200001724500510003726000090008852003070009758300190040420260716043320.0 aDE GRAUWE, Paul aPolitical economy of monetary union in Europe. c1993 aAnalyses the reasons why the Maastricht Treaty is unlikely to lead to monetary union before the end of the decade. Concludes that the transition process described in the Maastricht Treaty was devised for political reasons, and there is no economic case for stretching the transition to monetary union. c3/7/00kM2LMGR