Alice in Euroland

The paper contains a detailed critique of the common currency arrangements of the Economic and Monetary Union, embodied in the laws and emerging procedural arrangements that govern the actions of its key institutions: the European Central Bank and the European System of Central Banks. The main message here is ''Great idea, shame about the execution''. A number of improvements are then proposed. Some of these require amending the Treaty, including an end to the rule that each EMU member''s national central bank has a seat on the Governing Council or the removal of the power of the Council of Ministers to give ''general orientations'' for exchange rate policy. Others, notably in the areas of accountability, openness and transparency, could be implemented immediately, including publication of voting records, minutes and the inflation forecast. Improved arrangements are also advocated for the co-ordination of monetary and fiscal policy. And the article calls for a European Parliament that can both bark and bite

Options for the future exchange rate policy of the EMU

SIGLEAvailable from British Library Document Supply Centre-DSC:3113.6946(17) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

The impact of Eastern Europe

CEPR annual reportSIGLEGBUnited Kingdo

Making sense of subsidiarity How much centralization for Europe?

A CEPR annual reportSIGLEGBUnited Kingdo

The Association process Making it work; Central Europe and the European Community

Summary of the proceedings of a seminar held Brussels (BE), 27 Feb 1992Available from British Library Document Supply Centre- DSC:3113.6946(CEPR-OP--11) / BLDSC - British Library Document Supply CentreSIGLEGBUnited Kingdo

Unemployment Choices for Europe

SIGLEGBUnited Kingdo

International stock returns and business cycles

Conference held London (Great Britain) 3-4 Jun 1994 jointly with the Weiss Center for International Financial Research (US)SIGLEGBUnited Kingdo

The ostrich and the EMU Policy choices facing the UK

Report of an independent panel, chaired by Rupert Pennant-ReaAvailable from British Library Document Supply Centre-DSC:97/14281 / BLDSC - British Library Document Supply CentreSIGLEGBUnited Kingdo

Monitoring European integration The making of monetary union; a CEPR annual report

SIGLEAvailable from British Library Document Supply Centre- DSC:5908.9878(1991) / BLDSC - British Library Document Supply CentreGBUnited Kingdo

Monitoring European integration The making of monetary union

SIGLEAvailable from British Library Document Supply Centre- DSC:5908.9878(1991) / BLDSC - British Library Document Supply CentreGBUnited Kingdo