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Author Archives: David Marsh

The EMU endgame

The likelihood of Emu starting on time in 1999 has increased during the past few weeks. But recent events suggest it is unlikely to be the "wide" Emu expected by the financial markets
David Marsh  

Reculer pour mieux sauter

Much has changed since the Maastricht timetable was first agreed. Slower growth in Europe and a change in political leadership have strengthened the case for a "constructive postponement." David Marsh argues that the hazards of a premature launch far outweigh…
David Marsh