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European Economic Perspectives 1
October 1993

IN THIS ISSUE...

Introduction
The launch European Economic Perspectives, a new forum for policy research

Threats to the Single Market
Floating exchange rates are like temptation: they make virtue more difficult, but not impossible.

Neither Deeper nor Wider Union
How does the ERM's failure affect the prospects for a broader EC?

Veil of Tears
EMU is still achievable, provided Europe builds the right sort of ERM.

Taming Speculation
To make the ERM work, capital controls in the form of margin requirements are necessary

Till EMS Do You Part
Co-operation among governments can withstand only so much pressure


 

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