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In this timely volume, the ongoing, dramatic economic and geopolitical changes in NAFTA and the European Union are examined. Gianaris pays particular attention to the potential for stronger economic cooperation between North America and Western Europe. This unique book deals with similarities in economic organizations and related fiscal and monetary policies as they affect trade and financial transactions between these regions, and provides a detailed examination of trade and investment relations, capital flows, and currency realignments as well as transatlantic joint ventures. In addition, it deals with problems of privatization, employee participation, closer integration, and the challenge of enlarging NAFTA to include other Latin American countries and the European Union to include Eastern Europe. Gianaris weaves together a historical framework with comparative studies of the nation-states of NAFTA and the European Union. He discusses structural changes and the main problems and developments in the relationships between NAFTA and the European Union as well as problems of mutual trade, investments, and joint ventures. A useful book for students, scholars, and investors with a broad range of interests in the American and European continents.