Description: Despite official efforts, the European single currency is still poorly understood, and often misrepresented. In a collection of essays, this important new book for the Federal Trust examines the risks and benefits of the EMU. The authors are clear about the practicalities, quizzical about the current policy of the British government and scathing in their criticism of those who oppose the single currency project purely on ideological grounds. The book contains a full analysis of the technical aspects of the EMU written especially for the non-specialist reader. Discussion of the contemporary political debate is equally lively and accessible.

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