Britain, the Euro and beyond / Mark Baimbridge and Philip B. Whyman.

Includes bibliographical references (pages 231-254) and index.

Britain as an awkward partner. Britain and the EU : a difficult relationship ; Historical cost-benefit analysis of EU membership ; Current EU trends and developments -- EMU : theoretical considerations. An overview of European monetary integration ; EMU convergence ; The ECB and central bank independence ; Economic policy within EMU -- EMU : practical considerations. Fiscal policy consequences of EMU ; The European social model and EMU ; EMU and trade unions ; The impact of EMU upon business -- Alternative futures for Britain. Alternative relationships between Britain and the EU ; An independent Britain ; Alternative economic policies.

This work seeks to provide an analysis of the economic relationship between Britain and the EU and thereby facilitate discussion of the future direction in which this relationship might develop.