Should the UK join the European single currency?
Stephen J.H. Dearden
(Lecturer in Economics at Manchester Metropolitan University, Manchester, UK)
2357
Abstract
Reviews the attempts to introduce greater exchange rate stability into the European Union, culminating in the 1992 crisis in the Exchange Rate Mechanism, and the UK’s withdrawal. Outlines the Maastricht Treaty proposals for monetary union by 1999. Finally, reviews the arguments for and against UK adoption of the single currency, drawing, where possible, on the limited empirical evidence.
Keywords
Citation
Dearden, S.J.H. (1997), "Should the UK join the European single currency?", European Business Review, Vol. 97 No. 1, pp. 4-10. https://doi.org/10.1108/09555349710156019
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited