The decision on which countries will participate in European Monetary Union (EMU) is to take place as early as possible … identifying EMU factors which specifically relate to retailing, identifies the key areas which retailers need to consider in … planning a strategy to take account of the possibility that EMU will take place in at least some major EU economies.  …

An often heard view is that exchange rate variability will decrease for a country that joins the EMU. This is not …

-run nominal rigidity in wages and prices, one would expect that under European Monetary Union (EMU) the loss of the exchange rate … strategically responsive monetary policy, floating is superior to EMU for all countries, and that even if the rest of the Community … proceeds with EMU, the UK is better off outside it. This latter conclusion is reinforced in the exercise on the more refined UK …