Atlantic Economic Journal

, Volume 30, Issue 3, pp 335–348 | Cite as

Britain and the euro

  • Andrew Hughes Hallett


Britain's possible entry into the Eurozone has proved highly controversial, both on economic and political grounds. The British government has set up a series of tests to be satisfied before entry. Besides being vaguely defined, these tests are time dependent. This paper attempts to evaluate the case for British entry on more general Optimal Currency Area criteria, and argues that the failure of some of these criteria would provide a logical explanation of the British reluctance to join.


International Economic Public Finance Area Criterion Currency Area Optimal Currency 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© International Atlantic Economic Society 2002

Authors and Affiliations

  • Andrew Hughes Hallett
    • 1
  1. 1.Vanderbilt UniversityUSA

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