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Banking on sterling : Britain's independence from the euro zone
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ISBN: 1283613972 073914412X 9786613926425 Year: 2011 Publisher: Lanham, Md. : Lexington Books,

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Abstract

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 monetary union over the past twenty years. The author demonstrates that the British government always had in mind the interests of the financial sector. As London became a successful offshore euro center, the government increasingly compensated the export-oriented business sector that had lobbied for adoption of the euro. This study shows the unequal influence of business and finance on the British economy.

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