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

Listed author(s):
  • Michael Artis

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.

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Article provided by CEPII research center in its journal Economie Internationale.

Volume (Year): (2002)
Issue (Month): 91 ()
Pages: 93-114

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Handle: RePEc:cii:cepiei:2002-3te
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