Only someone with an intimate knowledge of the historical emergence of the Euro-Zone could have written it. But few scholars steeped in that history could have analysed the subtle mutations within the Euro-Zone, setting out possible scenarios for the future development of monetary policy and of the EU's overall governance system, as judiciously as has Dyson, never mind as quickly after key events have unfolded. Rich in detail, under which his themes are not submerged, the book is already required reading. Political Studies Once again, Kenneth Dyson has done invaluable service for the rest of us. As well as scholars of the European Union, all those interested in the political economy of Europe will learn something from this book. Political Studies Kenneth Dyson's book is a useful guide to the likely economic prospects of the common European currency ... His book is an original and important contribution to both the empirical and the theoretical literature on the euro-zone and European integration. It should influence the scholarly debate and perhaps the EU decision-makers in Brussels, Frankfurt and elsewhere. Klaus Larres, Times Higher Education Supplement