Euro on Trial looks back - to the aspirations of the founders - and also forward - to the possibility of reform or splitting up. After five years of experience with the new currency, fresh insights are possible into the old arguments for and against Union. Monetary Union is reversible in part or in whole and this book assesses the costs and benefits.Brendan Brown is a practising economist in the City of London, where he is a Director and Head of Research at Tokyo-Mitsubishi International. He is the author of numerous books and articles on international finance, including The Yo-Yo Yen, published by Palgrave Macmillan in 2002.