Macroeconomics & the euro
Europe's uncertain identity
05 February 1999
The launch of the euro is a success of historic proportions. It is also the ultimate vindication of the method first sketched out nearly fifty years ago in the Schuman memorandum.
The myth of tax harmonisation
01 February 1999
There are no plans to harmonise European Union rates of VAT, income tax or company tax. Yet the inhabitants of Britain could be forgiven for thinking precisely the opposite.
Vision please
01 February 1999
This year will be crucial both for the development of the European Union and for Britain's position within it. Outside EMU, Britain cannot be one of the leading players. It will have to run to keep up. That means that the government must actively engage in a public debate about Europe's future.
Issue 4 - 1999
29 January 1999
- Give on the rebate to gain elsewhere, Kitty Ussher
- Vision please, Ben Hall
- The end of EADC, Charles Grant, Alexandra Ashbourne
- The myth of tax harmonisation, Kitty Ussher
EMU must go further
01 December 1998
The EMU project is set for success in the short term, despite the financial crisis, but in the long run its prosperity depends on greater co-ordination between member states to undertake essential structural reform.
Issue 3 - 1998
27 November 1998
- What next for Russia?, Rodric Braithwaite
- A new model of European integration, Ben Hall
- EMU must go further, Kitty Ussher
- Reshaping Europe's defence, Charles Grant
Issue 9 - 1999
27 November 1998
- The treaties need radical reform, Charles Grant
- Pooling forces, Tim Garden, John Roper
- Transatlantic tensions, Charles Grant
- Europe's new economy, Charles Leadbeater, Kitty Ussher
Will EMU lead to political union?
01 October 1998
In the recent history of Europe, from Jean Monnet's plan for a European Coal and Steel Community in1950 to today's European Union, one pattern seems clear: where economic integration leads, political integration will eventually follow.
EMU, it is argued, will continue this trend-except on a far bigger scale. The euro will...
EMU, it is argued, will continue this trend-except on a far bigger scale. The euro will...
Issue 2 - 1998
25 September 1998
- A new model of European integration, Ben Hall
- Elect the Commission, Charles Grant
- Transparency is no panacea?, Maurice Fraser
- Will EMU lead to political union?, Ed Smith
The unshocking truth about EMU
01 July 1998
It is the commonest of all the economic arguments against EMU, but also the most specious: that any country in the euro-zone which suffered an economic crisis that did not affect its neighbours (an "asymmetric shock"), deprived of the freedom to devalue, would be condemned to a massive rise in unemployment.
Issue 1 - 1998
29 May 1998
- The unshocking truth about EMU, Charles Grant
- Trouble in the Med, Dan Bilefsky
- Integration or isolation? Restructuring Europe's defence industry, Alex Ashbourne
Weak dollar strong euro? The international impact of EMU
01 May 1998
The creation of the euro will be the most important development in the evolution of the international monetary system since the widespread adoption of flexible exchange rates in the early 1970s.