The Euro and Britain: Implications of Moving Into the EMUA. M. El-Agraa The euro is much more than just a currency. It is a symbol of European integration in every sense of the word. It is a symbol of stability and unity, freedom, democracy and human rights. But is it? And - when Britain joins the EMU - how will it affect us as individuals, employees, corporations and a nation? |
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Arestis assessment Belgium billion US dollars borrowers Britain British budgetary CALIFORNIA/SANTA CRUZ cent of GDP central bank changes Chapter co-ordination Commission common competition convergence costs Council countries CRUZ The University decision decline Denmark Economic Policy effect El-Agraa entry estimates euro area euro-denominated Euroland Europe European Central Bank European Communities European Monetary European Union Eurosystem eurozone exchange rate expenditure exports Figure financial markets financial services Finland fiscal policy fixed exchange rates foreign France Germany Growth Pact hence important income increase institutions interest rates international debt securities investment Ireland issues Italy joining labour London Luxembourg Maastricht Maastricht criteria Maastricht Treaty macroeconomic Mayes member nations membership monetary policy monetary union Netherlands OECD optimum currency area output political regional relative sector shocks single currency single market Source Spain sterling structural Table trade Treaty UK's unemployment UNIVERSITY OF CALIFORNIA/SANTA