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Titlebook: Britain, Europe and EMU; Walter Eltis Book 2000 Walter Eltis 2000 competitiveness.economy.employment.European Monetary Union.foreign direc

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The Lessons for Britain and for Europe from the Success of German Counter-inflation PolicyIn 1945 there was no reason to anticipate that post-war Germany would achieve more successful control over inflation than Britain or the United States. Its macroeconomics had been catastrophic in the inter-war years when the hyper-inflation of the 1920s was followed by mass unemployment and the collapse of orthodox financial policies.
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The Creation and Destruction of EMUIt is becoming clear that the United Kingdom will be fortunate not to be a founder member of EMU. All the countries which join will have the same short-term interest rates — yet the representatives of each country will only have the influence of a single vote in their determination.
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Debt, Deficits and defaultThe economic analysis of public debt mainly describes a world where governments honour their obligations and are expected to do so. But there is also a darker history. What if governments repudiate or demand rescheduling which is tantamount to repudiation?
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The Key to Higher British Living Standardsfew years later but in 1979 they still had the power to prevent the publication of any newspaper for up to a year. During the election campaign Harold Evans, editor of ., expected that the dispute would be resolved before the election and invited me to write an article on the economic implications o
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Closing the British Competitiveness Gap95, 1996 and 1998. The United States, Germany, Canada, Australia and Spain are some of the other countries that have published similar reports. The European Commission has followed up its 1993 White Paper entitled . with the establishment of a high-level Competitiveness Advisory Group.
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Europe’s Unemployment Crisis6.2 per cent in Spain, 12.0 per cent in Italy, 11.2 per cent in France and 10.5 per cent in Finland, and it exceeded 8 per cent in Belgium and Germany, which was far higher than in the United States and Japan. Why do most EU economies now have much higher unemployment than the United States and Japa
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