The single market & competition policy

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Will EMU lead to political union?

Will EMU lead to political union?

Ed Smith
01 October 1998
In the recent history of Europe, from Jean Monnet's plan for a European Coal and Steel Community in1950 to today's European Union, one pattern seems clear: where economic integration leads, political integration will eventually follow.
EMU, it is argued, will continue this trend-except on a far bigger scale. The euro will...
Bulletin issue 2

Issue 2 - 1998

Charles Grant, Ben Hall, Maurice Fraser, Ed Smith
25 September 1998
The unshocking truth about EMU

The unshocking truth about EMU

01 July 1998
It is the commonest of all the economic arguments against EMU, but also the most specious: that any country in the euro-zone which suffered an economic crisis that did not affect its neighbours (an "asymmetric shock"), deprived of the freedom to devalue, would be condemned to a massive rise in unemployment.
Britain and EMU

Britain and EMU: The case for joining

Graham Bishop, Chris Boyd, Alison Cottrell, Diane Coyle, Alan Donnelly, Niall FitzGerald, Pascal Lamy, Alman Metten, John Monks, Sir David Simon, Peter Sutherland, Martin Wolf
07 February 1997
As the deadline for the start of Economic and Monetary Union approaches, the British debate on the single currency is shifting. Theoretical discussions on the pros and cons of monetary union are becoming less relevant. Britain now faces an urgent and practical question: if, as seems likely, its principal trading...
Can industrial Europe be saved?

Can industrial Europe be saved?

Olivier Cadot, Pierre Blime
13 September 1996
Pessimists claim that the European economy is sinking under the weight of an over-regulated labour market and a costly welfare state. Taking a hard-headed look at the facts, Olivier Cadot and Pierre Blime find that Europe's competitive position in manufacturing has declined, industrial Europe is facing declining market shares in...

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