4 articles in this issue
C.A.E. GOODHART
The author is one of the UK's eminent monetary economists and a member of the UK's Monetary Policy Committee. After summarising his early academic career, he discusses his time at the Bank of England and the formation of UK monetary policy. This leads on ... see more
A. MADDISON
The work provides quantitative inter-temporal and international perspectives for assessing performance in 16 European capitalist countries, and examines the forces which have shaped their development. From a historical perspective, the author looks back o... see more
J.M. GROENEVELD,K.G. KOEDIJK,C.J.M. KOOL
The third stage of the Economic and Monetary Union will start on January 1st, 1999, at which point the currencies of the participating countries will be irrevocably fixed as the prelude to the introduction of the euro by 2002. Although the European System... see more
R. BERNDSEN
The convergence criteria specified in the Maastricht Treaty on government deficit and debt, inflation, the exchange rate and the long-term interest rate will play an important, if not decisive, role in determining which countries move on to the third stag... see more