As European integration widens and deepens, the relationship between the USA and the European Union remains troubled. What is the significance of the proposal for a New Transatlantic Marketplace agreement? How ill the introduction of the euro affect transatlantic monetary and transatlantic arrangements? In what ways would security relations be affected by EU enlargement and political integration? Each of thses major policy issues in the overall transatlantic partnership are addressed in Geoffrey Denton's report. The publication is the report of a major study of transatlantic relations conducted by TEPSA(Trans European Policy Studies Association). It considers the implications of change for transatlantic and global institutions. It will be of greta interest to plicy makers, business and students of international relations.