The article reviews the case for the UK to join the Eurozone by way of presenting a review of HM Treasury's widely well-regarded Euro Report (2003). The review provides an opportunity to rehearse and update the elements of optimum currency area (OCA) theory. In particular, the study draws...

This paper investigates the changing pattern and efficacy of sterilization within emerging market countries as they liberalize markets and integrate with the world economy. We estimate the marginal propensity to sterilize foreign asset accumulation associated with net balance of payments...

The article reviews the case for the UK to join the Eurozone by way of presenting a review of HM Treasury's widely well-regarded "Euro Report" (2003). The review provides an opportunity to rehearse and update the elements of optimum currency area (OCA) theory. In particular, the study draws...