European Monetary Union

Notes on the Contributors - Foreword; Rt Hon Lord Kingsdown, KG - Preface - PART 1: THE REPORT; I.D.Davidson - Contents - Introduction - Why Monetary Union? - Our Enquiry: An Overview - Some Economic Benefits of Monetary Union - Some Economic Uncertainties of Monetary Union - Some Political Aspects of the Choice - Monetary Union and European Integration - Britain's Choice - PART 2: THE ENQUIRY; I.D.Davidson - Contents - Preface - Introduction - Inflation - Interest Rates - Foreign Investment - Pensions - Single Market - Sovereignty - Political Union - Options for Britain - Converting to the ECU - Stock-taking - City Seminar - Birmingham Seminar - Edinburgh Seminar - Commons Seminar - PART 3: SUBMISSIONS TO THE ENQUIRY; C.Taylor - Contents - The Main Economic Issues - Would European Monetary Union help the UK to Control Inflation?; A.Britton - Could a Single Currency lead to higher Unemployment; C.Bean - Can you have a Single Market without a Single Currency?; C.Stewart-Smith - One Market, One Money; M.Wolf - Dubious Arguments Against EMU; S.Brittan Opting out of State III: Life in the Lower Tier of EMU; J.A.A.Arrowsmith - Sovereignty and the Political Dimension - Can you have a Monetary Union without a Political Union; N.Thygesen - Would Parliament Retain its Power to Tax and Spend if Britain Participated in a European Monetary Union; P.Lagayette - Does it Matter if the UK Chancellor of the Exchequer no longer Controls Monetary Policy?; C.Goodhart - Monetary Sovereignty under Different International Systems: An Historical Comparison; M.Panic - How Much Political Union is Required for a Single Currency?; G.Bishop - Could Monetary Union Work without Political Union?; T.Congdon - Britain and European Monetary Union; J.Stevens - How does Business Regard EMU? - Monetary Union and the Single Market; B.de Maigret - EMU and Industry; K.Barker The Single European Currency; Lord Cobbold - The Impact of European Economic and Monetary Union on UK Industry; A.Consulting - Implications for Inward Investment and Regional Aspects - Would our being Outside a European Monetary Union Discourage Overseas Investment in Britain?; M.Graf von Roon - EMU and Overseas Investment in the UK; T.Kaku - Monetary Union and Peripheral Regions; G.McCrone - Implications for Saving and Investment - The Potential Impact on Savings and Investment in the UK of Membership in the European Monetary Union: An Institutional Investors Perspective; C.Cheetham - European Monetary Union Project, Position Paper; LIFFE - Practical Steps: The Transition and Introducing the Single Currency - The Transition from Stage II to Stage III of EMU; Sir M.Butler - Implementation of a Single European Currency: Report on a Survey of UK Banks and Building Societies; British Bankers' Association - Introducing a Single European Currency; M.Levitt - EMU: Unresolved issues Relating to Stage III; P.Richards - Index