Economic growth and EMU: a note on UK membership

Charalambos Pattichis

Applied Economics Letters, 2002, vol. 9, issue 10, 645-647

Abstract: One of the arguments against monetary union is that it can impose growth costs on fast growing countries following the loss of their exchange rate policy. Thus, differential growth rates among potential members can be seen as an obstacle to forming a monetary union. This letter shows that as a member of EMU, the UK will be able to maintain its current growth rate without facing serious balance of payments problems. Thus, the 'differential growth rates' argument against EMU cannot be considered an obstacle to UK membership.

Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:9:y:2002:i:10:p:645-647

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504850110115131

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().