This important book provides an analysis of the economic
relationship between Britain and the EU and discusses the future
direction in which this relationship might develop. It examines the
historic and contemporary costs and benefits of EU membership, and
assesses whether this has been a burden or a benefit for the
British economy. In addition the authors assess current trends and
developments, most notably in the area of participation in Economic
and Monetary Union (EMU) and the consequences that this would have.
Questions of fiscal federalism, the development of a minimum level
of social policy for Europe, together with the likely impact on
business and trade unions are also considered. The authors then
discuss potential future scenarios, including a more flexible loose
membership arrangement or complete withdrawal, and the affect that
a range of options might have on the British economy.
General
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