"Will EMU, in spite of its rough start, become a success story?" (5) Um diese Frage zu diskutieren, trafen sich Ökonomen und Politikwissenschaftler aus der Welt der Wissenschaft, der Wirtschaft und der Finanzen, vom Europäischen Parlament und der Europäischen Kommission während einer Tagung im Juni 2000 in Hamburg, die der Arbeitskreis Europäische Integration - der deutsche Arm der European Community Studies Association - und das Hamburgische Welt-Wirtschafts-Archiv gemeinsam organisierten. Inhalt: Eckhardt Wohlers: Europe's Economy since the Launch of EMU: Expectations and Outcomes (11-37); Stefan Collignon: Two Years into the Euro: The Next Step for Europe (39-51); Wolf Schäfer: The European Economy Two Years After the Introduction of the Euro (53-63); Jürgen Pfister / Michael Schubert: Transparency and Accountability of the European Central Bank (65-77); Jürgen Stark: The Debate on the Transparency and Accountability of the European Central Bank (79-92); Christa Randzio-Plath: A New Political Culture in the EU - Democratic Accountability of the ECB (93-110); Hans-Joachim Klöckers: The Monetary Policy Strategy of the European Central Bank (111-125); Bern Hayo / Jürgen von Hagen: Money and Inflation in the Euro Area (127-140); Hans-Helmut Kotz: The Euro's Exchange Rate - A Problem for the ECB? (141-157); Klaus Friedrich: The Euro Exchange Rate - A Problem for European Monetary Policy? (159-165); Horst Feldmann: The Stability and Growth Pact: Justification, Implementation, Reform Proposals (167-195); Jürgen Kröger: Problems of Incentives within EMU: Experience with the Stability and Growth Pact (197-205); Ansgar Belke: Wage Policy in European Economic and Monetary Union - Stabilising or Destabilising Factor? (207-248); Arne Heise: Collective Bargaining in the European Monetary Union. A Theory of Optimum Wage Areas (249-269); Sebastian Dullien: The Macroeconomics of a Rising Oil Price: How EMU Governments, Wage Bargainers and the ECB should behave (271-296); Werner Becker: EMU Financial Markets: Eighteen Months On (297-315); Jarko Fidrmuc / Franz Schardax: The 'Pre-Ins' Ante Portas? Euro Area Enlargement, Optimum Currency Area, and Nominal Convergence (317-340).