This book contains proceedings of a conference organised by the SALTSA research programme and National Institute for Working Life, Sweden, with the support of DG V the Directorate of Economic and Social Affairs. Will the enlargement of the European Union have long-term effects on the European labour market, i.e. lead to greater integration and homogenisation? Will Europe be one labour market in the future? The challenges of a common European labour market will be much more accentuated as a consequence of the growth of the EU in the coming decade. Two important issues are discussed in the contributions to this volume: firstly, enlargement, globalisation and the new labour market challenges for Europe; secondly, Amsterdam and the effects of the Euro on the labour market. In this book, highly acclaimed researchers make important contributions to the present state of research on European labour markets. Topics covered include the role of wage-setting institutions and unions in relation to monetary policies and globalisation, welfare adjustment in Europe, the convergence or divergence of European labour markets, democracy and changing labour markets, as well as the risk of social competition and tax evasion. The book will be influential in the ongoing discussions regarding a common labour market and provide a much needed contribution to one of the most debated subjects in European politics and economics.