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    Should the UK join the European Union single currency?

    Dearden, Stephen J.H. (1997) Should the UK join the European Union single currency? European business review, 97 (1). pp. 4-10. ISSN 0955-534X

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    Abstract

    Reviews the attempts to introduce greater exchange rate stability into the European Union, culminating in the 1992 crisis in the Exchange Rate Mechanism, and the UK’s withdrawal. Outlines the Maastricht Treaty proposals for monetary union by 1999. Finally, reviews the arguments for and against UK adoption of the single currency, drawing, where possible, on the limited empirical evidence.

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