UK membership of the EMS: time for another look?

Bill Stewart

UK membership of the EMS: time for another look?

Bill Stewart

Economics

Research output: Contribution to journal › Article

70 Downloads (Pure)

Abstract

The UK is a member of the EMS but does not participate in its most important element, the exchange rate regime. The UK expressed a willingness to join when "conditions were appropriate" but so far has never found any set of conditions to be appropriate. Should the UK now join the EMS in the expectation of enjoying greater
exchange rate stability against a group of countries which form its major
trading partner by far - accounting for 43% of its visible trade in 1980?

Original language	English
Pages (from-to)	42-43
Number of pages	2
Journal	Quarterly Economic Commentary
Volume	9
Issue number	1
Publication status	Published - Aug 1983

Keywords

European Monetary System
EMS
UK economy
European Economic Community (EEC)

Access to Document

FEC_9_1_1983_StewartBFinal published version, 135 KB

Cite this

@article{eeb593a033e64d4ca05f263a59ee64db,

title = "UK membership of the EMS: time for another look?",

abstract = "The UK is a member of the EMS but does not participate in its most important element, the exchange rate regime. The UK expressed a willingness to join when {"}conditions were appropriate{"} but so far has never found any set of conditions to be appropriate. Should the UK now join the EMS in the expectation of enjoying greaterexchange rate stability against a group of countries which form its majortrading partner by far - accounting for 43% of its visible trade in 1980?",

keywords = "European Monetary System, EMS, UK economy, European Economic Community (EEC)",

author = "Bill Stewart",

year = "1983",

month = aug,

language = "English",

volume = "9",

pages = "42--43",

journal = "Quarterly Economic Commentary",

issn = "0306-7866",

publisher = "University of Strathclyde",

number = "1",

}

TY - JOUR

T1 - UK membership of the EMS

T2 - time for another look?

AU - Stewart, Bill

PY - 1983/8

Y1 - 1983/8

N2 - The UK is a member of the EMS but does not participate in its most important element, the exchange rate regime. The UK expressed a willingness to join when "conditions were appropriate" but so far has never found any set of conditions to be appropriate. Should the UK now join the EMS in the expectation of enjoying greaterexchange rate stability against a group of countries which form its majortrading partner by far - accounting for 43% of its visible trade in 1980?

AB - The UK is a member of the EMS but does not participate in its most important element, the exchange rate regime. The UK expressed a willingness to join when "conditions were appropriate" but so far has never found any set of conditions to be appropriate. Should the UK now join the EMS in the expectation of enjoying greaterexchange rate stability against a group of countries which form its majortrading partner by far - accounting for 43% of its visible trade in 1980?

KW - European Monetary System

KW - EMS

KW - UK economy

KW - European Economic Community (EEC)

UR - http://www.strath.ac.uk/frasercommentary/

UR - http://www.strath.ac.uk/fraser/

M3 - Article

SN - 0306-7866

VL - 9

SP - 42

EP - 43

JO - Quarterly Economic Commentary

JF - Quarterly Economic Commentary

IS - 1

ER -

UK membership of the EMS: time for another look?

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this