IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-37244-3_16.html
   My bibliography  Save this book chapter

Sterling Democracy or European Bureaucracy?

In: The Impact of the Euro

Author

Listed:
  • John Redwood

Abstract

The single currency project is part of a far bigger project to create a country called Europe governed from Brussels and Frankfurt. The single currency proposal is one of the biggest steps on the road to such a new country. Europe already has a sovereign federal court, a Parliament, an executive called the Commission, a flag and an anthem. The EMU project is designed to give Europe a single economic policy with a single central bank, a single currency and single interest rates. There is no suggestion that monetary policy should be under democratic supervision at all. The idea behind the scheme is that monetary policy should transfer from democratic control in each individual member state to bureaucratic control around the table of the central bank.

Suggested Citation

  • John Redwood, 2000. "Sterling Democracy or European Bureaucracy?," Palgrave Macmillan Books, in: Mark Baimbridge & Brian Burkitt & Philip Whyman (ed.), The Impact of the Euro, chapter 16, pages 210-220, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37244-3_16
    DOI: 10.1057/9780230372443_16
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-37244-3_16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.