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"Blair's
Stealth Strategy on the Euro"
Business Week,
January 21, 2002.
Synopsis:
The euro-zone economy is now a reality as several European Union
(EU) countries finally decided to use euro coins and notes. However,
whether Britain, the European Union's second-largest economy,
is going to join the euro-zone economy still remains as a question.
This article provides an answer to the question by reviewing strategic
choices Britain may have. Instead of being isolated, Britain may
have to be a part of the euro-zone economy. However, as this article
explains, there are also several prerequisites that may make the
transition much easier.
Full-text Article:
http://www.businessweek.com:/print/magazine/content/02_03/b3766077.htm?mainwindow
Text connection:
Chapter 8 "Regional Economic Integration" (pp.244-246).
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