Britain and EMU: The case for joining

As the deadline for the start of Economic and Monetary Union approaches, the British debate on the single currency is shifting. Theoretical discussions on the pros and cons of monetary union are becoming less relevant. Britain now faces an urgent and practical question: if, as seems likely, its principal trading partners press ahead with monetary union, should it join, keep its options open or turn its back? The case against the euro has received wide-ranging coverage in the British media. The dozen contriubutors to this volume - distinguished names from industry, the City, the trade unions, journalism and the European institutions - believe that the time has come to state the case for British membership of the single currency.