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Author:Neary, P.
Thom, R.
Title:Punts, Pounds and Euros: in search of an optimum currency area
Journal:IBAR: Journal of Irish Business and Administrative Research
1997 : VOL. 18:1, p. 211-225
Index terms:SEARCH PROBLEM
CURRENCY
RESEARCH
Language:eng
Abstract:Recent statements by the British Government make it clear that the UK will not participate in the first wave of European Monetary Union (EMU) and that sterling will remain outside any proposed exchange rate system between the "ins" and "outs". In contrast, the Irish Government appears totally committed to first-wave membership when Stage III starts on 1 January 1999. Hence, just as in 1979, Ireland seems destined to participate in a major monetary reform which excludes its most important trading to partner.
SCIMA record nr: 173314
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