UK membership of the EMS : time for another look?

Stewart, Bill (1983) UK membership of the EMS : time for another look? Quarterly Economic Commentary, 9 (1). pp. 42-43. ISSN 0306-7866

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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?

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• Item metadata

  Item type:	Article
  ID code:	51508
  Dates:	Date Event August 1983 Published
  Subjects:	Social Sciences > Economic Theory
  Department:	Strathclyde Business School > Economics Strathclyde Business School > Fraser of Allander Institute
  Depositing user:	Pure Administrator
  Date deposited:	09 Feb 2015 16:54
  Last modified:	11 Nov 2024 10:59
  Related URLs:	Journal or Publication Organisation
  URI:	https://strathprints.strath.ac.uk/id/eprint/51508