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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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