Economics of European Integration, 4th edition, offers a comprehensive look into the economic theories, historical developments, and ongoing debates that have shaped Europe’s integration process. Baldwin and Wyplosz present a clear and accessible introduction to the subject, making the complex interplay of history, institutions, law, politics, and economics approachable for students. The authors meticulously integrate contemporary issues with foundational economic principles, providing rigorous analysis alongside practical examples and illustrations. Designed to support academic modules in European economics, the text balances theoretical expositions with empirical questions that stimulate critical thinking and a deeper understanding of current matters. This edition includes significant updates such as expanded discussion on the Lisbon Treaty, an examination of the credit crisis and EU banking regulations, and reflections on the effects of the great recession. It also explores the dynamics of EU enlargement, the challenges posed by Greek public debt, and the evolving outlook of the Stability and Growth Pact.
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