Banking on Sterling

preview-18
  • Banking on Sterling Book Detail

  • Author : Ophelia Eglene
  • Release Date : 2011
  • Publisher : Lexington Books
  • Genre : Electronic books
  • Pages : 186
  • ISBN 13 : 0739144103
  • File Size : 27,27 MB

Banking on Sterling by Ophelia Eglene PDF Summary

Book Description: Banking on Sterling: Britain's Independence from the Euro Zone, by Ophelia Eglene, provides an in-depth analysis of the British policy on the European Economic and Monetary Union (EMU) over the past twenty years. Eglene demonstrates how the Conservative government of John Major and the Labour government of Tony Blair implemented policies that had the same overriding goals. The first of their shared goals was to continue being involved in decisions on the remaining details of the EMU and to avoid discrimination in the European Union by appearing as a member state willing to embrace the full European project at an indeterminate point. The second goal was to address the conflicting preferences of domestic economic actors with an ambiguous policy aimed at buying time. Pressure on the British government came from both the business and financial sectors on the question of EMU membership. While the business community was divided on the euro, there was one sector, export-oriented producers, strongly in favor. The financial sector, for its part, needed more time to clearly assess where its interests lay, and it insisted that the government not rush a decision one way or the other. Banking on Sterling demonstrates that the government--no matter which party was in power--always had in mind the welfare of the financial sector. When the conclusion was reached in London that its financial sector would benefit more from an offshore position than as a member of the EMU, the British government provided both direct and indirect compensation to the export-oriented business sector that had definitely lost the battle for the euro. Ophelia Eglene's Banking on Sterling: Britain's Independence from the Euro Zone effectively shows the unequal influence of business and finance on the British economy.

Disclaimer: www.yourbookbest.com does not own Banking on Sterling books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Banking on Sterling

Banking on Sterling

File Size : 94,94 MB
Total View : 361 Views
DOWNLOAD

Banking on Sterling: Britain's Independence from the Euro Zone, by Ophelia Eglene, provides an in-depth analysis of the British policy on the European Economic

The Oxford Handbook of American Bureaucracy

The Oxford Handbook of American Bureaucracy

File Size : 61,61 MB
Total View : 7184 Views
DOWNLOAD

One of the major dilemmas facing the administrative state in the United States today is discerning how best to harness for public purposes the dynamism of marke

Disorder

Disorder

File Size : 6,6 MB
Total View : 4463 Views
DOWNLOAD

"Explains why we in the West, live in the political times we do; a moment of historical time arising from systemic dynamics that have wrought predicaments to co