The British Government has focused the discussion on the adoption of the euro on its economic consequences. Whilst there are economic arguments for the UK joining the euro, even when those arguments are not a matter of ‘life and death’. The political implications of the UK joining the euro...

We use a theoretical model to set up the conditions for a country to attain monetary stability by allowing for two freely tradable currencies to circulate in parallel. For this parallel system to function properly, confidence in the good behavior of the monetary authorities in charge of the two...

The British Government has focused the discussion on the adoption of the euro on its economic consequences. Whilst there are economic arguments for the UK joining the euro, the political implications of the UK joining the euro are much more important. The paper discusses how the most crucial...

The British Government has focused the discussion on the adoption of the euro on its economic consequences. Whilst there are economic arguments for the UK joining the euro, even when those arguments are not a matter of ‘life and death’. The political implications of the UK joining the euro...