Alternative Routes to Monetary Integration in the British Economic and Political Debate (1989-91)
Journal title STORIA DEL PENSIERO ECONOMICO
Author/s Fabio Masini
Publishing Year 2010 Issue 2010/1
Language English Pages 27 P. 71-97 File size 361 KB
DOI 10.3280/SPE2010-001004
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In 1989, the Delors Report pushed the accelerator on European economic and monetary integration, setting the calendar for a three-steps process aiming at a single currency. The British Government tried to hinder this goal, casting into the scientific debate and political negotiations alternative plans, first based on currency competition, later on the issuance of a parallel currency (the "hard-ecu" proposal). The aim of this work is to reconstruct the theoretical framework in which such debates took place in Britain, both at a scientific level and in the political arena
Keywords: European monetary integration; Parallel currency; Hard ECU; UK Government; House of Commons
Jel codes: A11, B20, E42
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DOI: 10.1080/09672567.2024.2329053
Fabio Masini, Alternative Routes to Monetary Integration in the British Economic and Political Debate (1989-91) in "STORIA DEL PENSIERO ECONOMICO" 1/2010, pp 71-97, DOI: 10.3280/SPE2010-001004