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Le Royaume-Uni devrait-il rejoindre l'Union economique et monetaire ?

Author

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  • Michael Artis

Abstract

L'article traite de l'adhesion du Royaume-Uni a l'UEM. L'analyse de la Zone de monnaie optimale (ZMO) ne fournit que de faibles arguments en faveur de l'adhesion, car le Royaume-Uni est situe dans la peripherie et non dans le noyau de l'UEM. Cependant, les couts possibles de l'isolement (risques de discrimination commerciale et dangers d'une monnaie volatile) et la possible endogeneite du critere de ZMO renforcent l'interêt d'adherer. Quoique non ecrasant, le verdict final est en faveur de l'adhesion.

Suggested Citation

  • Michael Artis, 2002. "Le Royaume-Uni devrait-il rejoindre l'Union economique et monetaire ?," Economie Internationale, CEPII research center, issue 91, pages 93-114.
    • Handle: RePEc:cii:cepiei:2002-3te
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    File URL: http://www.cepii.fr/IE/rev91/rev91e.htm
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    More about this item

    Keywords

    Euro ; UEM ; zone monetaire optimale;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F15 - International Economics - - Trade - - - Economic Integration
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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