Abstract
There are I believe five major implications of monetary union for the transatlantic relationship all of them damaging, and all of them will retard genuine co-operation between Europe and the North American continent, but before I come in detail to those five points it is necessary to make some important introductory points.
Lecture at Middlesex University College, London (1997).
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Notes
Dean Acheson, Present at the Creation (Signet Books, 1970), p. 446.
Walter Eltis, The Creation and Destruction of EMU (CPS publication, 25/3/98 1997).
Richard Portes, The Risk of a Currency Crisis in EMU (CEPR, 1998). See also Wolfgang Münchau, ‘Speculation Perils Persist at Endgame’, Financial Times, 24/2/98.
See B. Burkitt, M. Baimbridge and P. Whyman, A Price not Worth Paying (CIB publication, 1997).
For a discussion of this prospect, see John Grahl, After Maastricht: A Guide to European Monetary Union, (Lawrence & Wishart, 1998).
For a further discussion of this theme, see M. Baimbridge, B. Burkitt and P. Whyman, Is Europe Ready for EMU?: Theory Evidence and Consequences (Bruges Group, Occasional Paper, No. 31, 1998).
For an extensive examination of these points, see M. Holmes (ed.), The Eurosceptical Reader (Macmillan, 1996).
HMSO publication, 1994, reported in The Times, 5/8/94. For a further discussion of this theme see M. Holmes, From Single Market to Single Currency: Evaluating Europe’s Economic Experiment (Bruges Group publication, 1995, Chapter 5 in his volume).
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© 2001 Martin Holmes
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Holmes, M. (2001). The Transatlantic Implications of European Monetary Union (1997). In: European Integration. Palgrave Macmillan, London. https://doi.org/10.1057/9780230510753_7
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DOI: https://doi.org/10.1057/9780230510753_7
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