Titlebook: European Monetary Union: The Kingsdown Enquiry; The Plain Man’s Guid Ian D. Davidson,Christopher Taylor (Senior Researc Book 1996 Palgrave

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stay outside? This report is the result of an intensive enquiry into the implications of that choice, led by Lord Kingsdown, former Governor of the Bank of England. It examines the pros and cons of British participation; the likely consequences for the British economy, including inflation, interest

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https://doi.org/10.1007/978-81-322-2791-5ank, in the sense that it will carry out its monetary role in complete independence from political interference from the political authorities; and that, like the Bundesbank, its overriding responsibility will be to ensure price stability.

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Book 1996and. It examines the pros and cons of British participation; the likely consequences for the British economy, including inflation, interest rates and foreign investment; and the broader political implications of the choice. It makes an essential, non-party contribution to the clarification of the British debate on Europe.

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Reyer Zwiggelaar,Sue Astley,Chris Taylor integration is, and has always been, essentially a political enterprise. Many or even most of the manifestations of European integration are economic; but they cannot be understood, and they would not have been undertaken, except as part of a broader political enterprise.