countries, whether or not they are inside the euro zone …

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 attention to fresh estimates of the trade effect of the UK's adhesion to the Eurozone …