Abstract
It is becoming clear that the United Kingdom will be fortunate not to be a founder member of EMU. All the countries which join will have the same short-term interest rates — yet the representatives of each country will only have the influence of a single vote in their determination.
This chapter was published as The Creation and Destruction of EMU (London: Centre for Policy Studies) in July 1997.
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© 2000 Walter Eltis
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Eltis, W. (2000). The Creation and Destruction of EMU. In: Britain, Europe and EMU. Palgrave Macmillan, London. https://doi.org/10.1057/9780333977552_8
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DOI: https://doi.org/10.1057/9780333977552_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-77338-3
Online ISBN: 978-0-333-97755-2
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