The UK and the Euro
Summary :
Table of Contents
- Introduction
- The economic and political debate
- Arguments for membership
- Arguments against
- Is Britain likely to join in the next few years?
- Public opinion
- Interest groups: The media and the No and Yes campaign
- 'Prepare and persuade'
- Conclusion
- References
Abstract
Exposé en Anglais sur le Royaume-Uni et un passage éventuel à l'euro, qui examine les différents arguments favorables et opposés à l'adoption de la monnaie européenne.
Soon after election, in 1997, the Chancellor, Gordon Brown, said that four of the five tests had not been met (only the fourth was met, about the impact of euro membership on the City of London) but that there were obvious economic benefits to joining. He said that the government should "prepare intensely" so that Britain could be in a position to sign up "early in the next Parliament". On June of this year, he said exactly the same thing, except he did not give a date.
Are the benefits of euro membership obvious for Britain? Will a referendum be held in the next Parliament? What would be the outcome?
Soon after election, in 1997, the Chancellor, Gordon Brown, said that four of the five tests had not been met (only the fourth was met, about the impact of euro membership on the City of London) but that there were obvious economic benefits to joining. He said that the government should "prepare intensely" so that Britain could be in a position to sign up "early in the next Parliament". On June of this year, he said exactly the same thing, except he did not give a date.
Are the benefits of euro membership obvious for Britain? Will a referendum be held in the next Parliament? What would be the outcome?
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