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In the wake of the Greek crisis, the future of the EU is the subject of a great deal of debate. This book critically evaluates the current new monetarist model of Economic and Monetary Union in Europe, presenting an alternative post Keynesian (progressive) model, aimed at addressing the current problems of trade imbalance and asymmetric macroeconomic policy infrastructure that are augmenting tensions within the Eurozone.

The book's approach is based upon the development of a common, rather than a single currency approach, and utilises post Keynesian policy...

Is there an alternative to EU membership? What if Britain left the EU? Would it be a disastrous or liberating experience? What trade relationships could the UK forge outside the EU? How would economic and social policy be different? What are the implications for sovereignty and democracy? This text seeks to answer these questions through exploring the future options for Britain regarding its relationship with the European Union (EU). To the British establishment it seemed obvious that joining the process towards greater European integration would reverse the UK's post-war declining...

This edited collection explores the future options for the UK regarding its relationship with the European Union (EU). Since Britain applied for membership in 1961, the nature of the relationship between the UK and the EU has been central to economic and political debate, being widely perceived as 'inevitable', because withdrawal from the process would leave Britain isolated and largely powerless. However, this book challenges this presumption by illustrating that it could be in Britain's long-term interest to seek positive and plausible global policy options if it were to be released from...

This book seeks to analyse the development of the European Union (EU), which was founded upon the principle of the free movement of capital, goods, services and people in 1957. Its central thesis is that, from a practical and theoretical point of view, such a basis is fundamentally at odds with the creation of an interventionist regime that the construction of a social Europe would require.

The authors argue convincingly that - economically: the EU does not currently possess the budget or the economic tools to pursue such a strategy; politically: close to none of the institutions of...