Download or read book Britain, Europe and EMU written by W. Eltis and published by Springer. This book was released on 2000-04-07 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how the transformation of Britain's economic performance has been based on control of public expenditure, improving competitiveness, co-operative industrial relations and a large favourable contribution from inward investment. In contrast, Europe has suffered from rising unemployment, while misguided trade policies have obstructed the exploitation of the IT revolution. Europe's failures will undermine the EMU project. Britain will do well to keep clear. The book concludes with chapters on the modern relevance of Locke on inflation, Ricardo on public debt and Condillac on the creation of competitive market economies.