Publisher's Synopsis
Economic and monetary union (EMU) raises issues of the greatest importance to the future of the European Union and the United Kingdom. Political decisions on EMU until 1998 will determine the political evolution and economic prosperity of the Union, and of the UK, whether in or outside EMU for a generation or more.;This enquiry is intended to inform the House, and, if possible, the wider public, whose welfare will be closely affected by the imminent decisions about EMU. It covers the implications for the Single Market, the EU Budget and relations with non-participating countries, and the plans the UK needs to make to prepare for EMU, irrespective of the eventual decision whether or not to join in.;Volume 2 of this work, "Evidence", is also available, ISBN 0-10-478596-9.
