TY - BOOK ID - 12185359 TI - Understanding the Euro AU - Duff, Andrew AU - Clarke, Kenneth AU - Federal trust for education and research (GB) PY - 1998 SN - 0901573728 9780901573728 PB - London: Federal Trust, DB - UniCat KW - Monetary unions KW - -Money KW - -Economic and Monetary Union KW - 332.4566094 KW - Ui3 KW - Currency KW - Monetary question KW - Money, Primitive KW - Specie KW - Standard of value KW - Exchange KW - Finance KW - Value KW - Banks and banking KW - Coinage KW - Currency question KW - Gold KW - Silver KW - Silver question KW - Wealth KW - Common currencies KW - Currency areas KW - Currency unions KW - Optimum currency areas KW - Money KW - Euro. KW - Monetary policy KW - Euro KW - Monetary policy - European Union countries KW - Monetary unions - European Union countries UR - https://www.unicat.be/uniCat?func=search&query=sysid:12185359 AB - The introduction of the Euro will change all our lives. It may prove to be the greates step forward in European unificateion since the Treaty of Rome. Despite official efforts, the European single currency is still poorly understood, and often misinterpreted, In a collection of essays edited by Andrew Duff, the Federal trust sets out the pros and cons of EMU. Written by a team of highly distinguished British authorities, the book does not minimise the risks involved in taking this historic step. The authors are clear about the practicalities, quizzical about the current policy of the British government, but scathing in their criticism of those who oppose the single currency project on the ideological grounds. None dissents from the conclusion of kenneth Clarke's substantial foreword to the book that sterling can and should join EMU sooner rather than later. The book contains a full analysis of the technical aspects of EMU pitched for non-specialist reader. Discussion of the contemporary political debate is equally lively and accessible. Policy-makers, bankers, academics, business and the media cannot afford not to read this influential book. No citizen who wishes to be abreast of the controversy over EMU should miss it ER -