The economic benefits of euro membership

The economic benefits of euro membership
Document type
Paper
Author(s)
Lea, Ruth
Publisher
Institute of Directors
Date of publication
1 September 2002
Subject(s)
Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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A paper examines the claimed economic benefits to the UK of joining the Euro and rejects most of them as overstated or nonexistent. Benefits discussed include reduced transaction costs, greater exchange rate stability, improved price transparency across borders, stimulation of growth from completion of the single market, reduced interest rates, advantages to the City, and increased political influence.

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