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- Title
Europe: single market or political union?
- Authors
Howe, Lord
- Abstract
The choice is between single market and political union over-simplified. Even an effective single market requires some political integration. So too does the management of a single currency, advantageous in itself. Neither requires a 'European economic government.' Beyond this, the peoples of Europe increasingly question the need for further supranationalism. 'Political union,' in the form which frightens people, will not happen. Britain must play a full part in shaping the EU and its unique institutional structures, and prepare to join the euro-zone as soon as sensibly possible.
- Subjects
EUROPE; MONEY market; POLITICAL science; MONETARY policy
- Publication
Economic Affairs, 1999, Vol 19, Issue 4, p4
- ISSN
0265-0665
- Publication type
Article
- DOI
10.1111/1468-0270.00182