Betting for and Against EMU: Who Wins and who Loses in Italy and in the UK from the Process of European Monetary Integration
Betting For and Against EMU analyzes the extent to which the outcomes of the process of European monetary integration and, particularly, of the development of the debate over the establishment of EMU, have been influenced by domestic politics and by domestic economic interest groups in Italy and in the United Kingdom.
From an empirical point of view this book provides a thorough account of the development of Italian and British socioeconomic interest groups towards the issue of European monetary union from the making of the EMS until the establishment of EMU.
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Bank of England Bank of Italy Banking Association banking sector Britain British financial British government British Industry British Invisibles budget capital cent central bank CGIL Chancellor City of London City's commitment Committee companies competitive Confederation of British Confindustria countries credibility debate December decision Delors devaluation domestic economic and monetary economic policy employment ETUC Euro Europe European central bank European monetary integration European Monetary System European Monetary Union Exchange Rate Mechanism exports favour financial markets fixed exchange rates government's Graph growth ibid implementation increase industrial sector institutions intergovernmental conference investment issue Italian entry Italian industrial join the ERM labour Lawson lira Maastricht macroeconomic policies major monetary policy money supply Moreover organisations participation particular political position process of European production proposed rate policy Scala Mobile single currency Single Market social sterling sterling's strategy target Thatcher Trade Union Congress Treasury wage