Britain and EMU: The Case for Joining
Centre for European Reform, 1997 - Euro - 90 pages
As the deadline for the start of Economic and Monetary Union approaches, the British debate on the single currency is shifting. The contributors to this pamphlet believe that the time has come to state the case for British membership of the single currency.
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About the authors
Why Britain must wait for the euroAlison Cottrell
How to make a success of monetary unionNiall FitzGerald
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Alan Donnelly argue argument become believe benefits bond Britain British economy British participation budget deficits budgetary capital markets cent of GDP Centre for European commitment competitive continental convergence criteria countries credibility D-mark debt decision devaluation Diane Coyle dollar Dublin summit economic and monetary economic convergence economic policy employment EMU's ensure EU's euro zone Europe Europe's European Central Bank European economy European integration European monetary European Reform European Union Eurosceptics Exchange Rate Mechanism exchange-rate exports finance ministers financial markets fiscal France Germany growth pact higher influence interest rates investment investors joining EMU joining the single judgement long-term interest rates lower interest rates Maastricht criteria Maastricht treaty member-states membership of EMU monetary policy monetary union Niall FitzGerald option participation in EMU partners Pascal Lamy pensions political sceptical sector single currency single market social stability and growth sterling success sustainably low inflation timetable wave