Jump to ContentJump to Main Navigation
The Road To MaastrichtNegotiating Economic and Monetary Union$
Users without a subscription are not able to see the full content.

Kenneth Dyson and Kevin Featherstone

Print publication date: 1999

Print ISBN-13: 9780198296386

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/019829638X.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 17 July 2019

Resisting EMU: Political Strategy, Policy Entrepreneurship, and Policy Reflection Before the IGC

Resisting EMU: Political Strategy, Policy Entrepreneurship, and Policy Reflection Before the IGC

Chapter:
(p.601) 14 Resisting EMU: Political Strategy, Policy Entrepreneurship, and Policy Reflection Before the IGC
Source:
The Road To Maastricht
Author(s):

Kenneth Dyson (Contributor Webpage)

Kevin Featherstone (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/019829638X.003.0015

The emergence of EMU on the European agenda caught Whitehall off guard. The task soon became one of resistance. Two alternative plans were launched—for a competing currency, then for a common currency—but their motivation and purpose remained uncertain. Mrs Thatcher saw them as a means to delay or dilute EMU. Lawson, Howe, and Major favoured a more constructive engagement in the EMU debate. Both the alternative plans failed to restructure the debate in Europe, a feature to be explained by both short‐ and long‐term conditions affecting British policy‐making. Strategic miscalculations (concerning the Delors Committee, as well as the British alternatives) were evident in the perception of the balance of political forces and the ability of Britain to reshape them.

Keywords:   Britain, currencies, Delors Committee, EMU, Geoffrey Howe, Nigel Lawson, John Major, policy‐making, Margaret Thatcher

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .