One of the boldest economic, monetary, and political projects in modern history, the Euro-Zone represents the single most important step in European Integration since 1957. In this first major study, Kenneth Dyson examines the major political questions raised by the birth of the Euro-Zone on January 1, 1999 and argues for a more politically informed analysis and assessment of its nature, operation, and prospects. How does the Euro-Zone operate? What does it mean for European States and for the political strategies of governments? How is its operation to be explained? What are its prospects for stability? And what kinds of policies are needed to strengthen its capacity to withstand crisis? Here, Dyson examines these and other burning questions about the Euro-Zone, addressing the exhilarated problems of social justice, democratic consent, and identity.Dyson, Kenneth is the author of 'Politics of the Euro-Zone Stability or Breakdown' with ISBN 9780199241651 and ISBN 0199241651.