Understanding the Euro

A full analysis of what may prove to be the most momentous move towards European unification since the Treaty of Rome, presented in a style accessible to the non-specialist reader. The book s distinguished team of contributors, headed by former UK Chancellor of the Exchequer Kenneth Clarke (whose substantial foreword to the book argues that sterling can and should join EMU sooner rather than later) do not minimize the risks involved and are clear about the practicalities. Although quizzical about the current British Government policy, the contributors are scathing in their criticism of those who oppose the single currency project on ideological grounds alone. Their lively discussion will do much to cast light on a key topic that is still poorly understood and make the essential guide for anyone wishing to keep abreast of the great EMU controversy.