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Alternative Routes to Monetary Integration in the British Economic and Political Debate (1989-91)
Journal Title: STORIA DEL PENSIERO ECONOMICO 
Author/s: Fabio Masini 
Year:  2010 Issue: Language: English 
Pages:  27 Pg. 71-97 FullText PDF:  361 KB

In 1989, the Delors Report pushed the accelerator on European economic and monetary integration, setting the calendar for a three-steps process aiming at a single currency. The British Government tried to hinder this goal, casting into the scientific debate and political negotiations alternative plans, first based on currency competition, later on the issuance of a parallel currency (the "hard-ecu" proposal). The aim of this work is to reconstruct the theoretical framework in which such debates took place in Britain, both at a scientific level and in the political arena
Keywords: European monetary integration; Parallel currency; Hard ECU; UK Government; House of Commons
Jel Code: A11, B20, E42

Fabio Masini, in "STORIA DEL PENSIERO ECONOMICO" 1/2010, pp. 71-97, DOI:

   

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