Eurozone? Especially in view of the European Central Bank's improved reputation as a crisis manager in the wake of the … reserve currency Euro to avoid the perils of drifting alone on a storm-tossed open sea? These are big questions. They have … will in this short paper assess three scenarios regarding the UK and the Euro - UK entry, EMU collapses before a UK entry …

's international investment position would also loom. Appreciating Germany's own vulnerability to the euro crisis should help the … also good for the authorities in euro partner countries to recognize. Germany is bound to catch up with the reality that it …This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a …

Eurozone and even speculation that the euro might break up. Against this background this paper sets out to re-examine the Hard …In 2009 the euro entered a crisis from which it has yet to emerge. It has led to increased social tensions across the … 1992 and led to the euro. Unlike previous scholarship on the Hard ECU this paper is now in a position to compare the scheme …

against Britain adopting the euro. The core argument in favour is the reduction of exchange-rate risk, but because the euro is … under the euro and could even increase. In any case, financial markets can diversify away such risks. Minford sees … costs of big projected state pension deficits in Germany, France and Italy. He concludes that EMU, 'as it is constituted and …

The British Government has focused the discussion on the adoption of the euro on its economic consequences. Whilst … there are economic arguments for the UK joining the euro, the political implications of the UK joining the euro are much …