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Why the United Kingdom should join the eurozone

Buiter, Willem H. (2008) Why the United Kingdom should join the eurozone. International Finance, 11 (3). pp. 269-282. ISSN 1367-0271

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Abstract

The message of this paper is that the global financial crisis that started in August 2007 provides another powerful and sufficient argument for the United Kingdom to join the EMU and adopt the euro as soon as technically possible. This new financial stability argument for UK membership in the EMU is separate from and in addition to the conventional optimal currency arguments for joining, which have also become more persuasive in the past few years.

Item Type: Article
Official URL: http://www.wiley.com/bw/journal.asp?ref=1367-0271
Library of Congress subject classification: H Social Sciences > HG Finance
Sets: Departments > European Institute
Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 30 Mar 2009 13:33
URL: http://eprints.lse.ac.uk/23546/

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