It is through a gradual evolution, rather by grand design, that the somewhat fragmented economic policies of the EU now appear to be heading towards a rather more robust and coherent economic governance. This text considers the following crucial question as the EU enters its final stage of institution-building; will the economic institutions of the EU push ahead to reform its rigid national economies and open them up to globalization and international competition? Focusing on telecommunications, air transportation, currency competition, taxation, eastern enlargement and transatlantic relations, the contributors to this book question whether EU standards, regulatory regimes and policies are flexible enough to bring about a dynamic and open economy. The book should be of interest to scholars of European and regional studies and international political economy, as well as policy analysts and policymakers. INDICE EU enlargement and flexible integration EU governance under duress? Tax policy co-ordination under globalization competition versus competitiveness in the European single aviation market the governance of telecommunications in the European Union the new framework of transatlantic economic governance - strategic trade management and regulatory conflict in a multilateral global economy does the monetary dialogue with the European parliament influence the European Central Bank? Euro weakness and the ECB economic governance - a strategic institutionalist perspective.