Großbritanniens Geldordnung im Konflikt mit der Europäischen Währungsunion

The closer we get to the EMU, the stronger the emotional arguments in the foreground; objective argumentation is generally limited to discussing the achievement of convergence criteria.
Referring to Great Britain, the study shows that apart from convergence criteria there are other economic prerequisites for taking part in the single currency.
Because of special structural reasons of British Banking and Finance, immediate participation in the European Economic and Monetary Union would involve serious economic and political risks for both Great Britain and other Member States of the European Union. A later, problem-free adhesion of Great Britain to the European Economic and Monetary Union would necessitate structural changes.
The study deals with legal, political and economic aspects of the entire problem and is written for a wide circle of readers.

n remainder as in German text