| Author: | Wood, G. |
| Title: | The ins and outs of European Monetary Union: some public policy issues |
| Journal: | Economic Affairs
1997 : MAR, VOL. 17:1, p. 30-37 |
| Index terms: | ECONOMICS EUROPEAN MONETARY SYSTEM PUBLIC POLICY |
| Language: | eng |
| Abstract: | European Monetary Union seems increasingly likely to come about by the end of this century. It also seems possible that this monetary union will comprise a majority, perhaps a very substantial, of EU members. The aim of this paper is to review the economic policy issues that such a union will raise for countries which are in the EU but choose to stay outside that monetary union. It does not consider any benefits they may lose by non-membership; the focus being on the consequences of staying out other than any gain foregone. |
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