Arrowsmith, John; Taylor, Christopher - In: National Institute Economic Review 158 (1996) 1, pp. 64-90
The transition to monetary union in Europe, which began formally when Stage 2 started in January 1993, is now well over half way to completion, according to the deadlines set in the Maastricht Treaty. The first decisions on Stage 3 are approaching fast, yet the prospects for its commencement are...
