Britain, Europe and EMU

Zusatztext

This book shows how the transformation of Britain's economic performance has been based on control of public expenditure, improving competitiveness, co-operative industrial relations and a large favourable contribution from inward investment. In contrast, Europe has suffered from rising unemployment, while misguided trade policies have obstructed the exploitation of the IT revolution. Europe's failures will undermine the EMU project. Britain will do well to keep clear. The book concludes with chapters on the modern relevance of Locke on inflation, Ricardo on public debt and Condillac on the creation of competitive market economies.

Autorenportrait

WALTER ELTIS is Emeritus Fellow of Exeter College, Oxford, and Visiting Professor of Economics at the University of Reading. He is author of The Classical Theory of Economic Growth and co-author (with Robert Bacon) of Britain's Economic Problem: Too Few Producers. He was Economic Director and subsequently Director General of the National Economic Development Office from 1986 to 1992, and Chief Economic Adviser to the President of the Board of Trade from 1992 to 1995.

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