Tony Dolphin is Chief Economist at IPPR
25 June 2013 11:39 AM
Reasons for optimism about growth beyond the immediate outlook are in short supply
16 February 1995 12:02 AM
Sir: After all the fuss in the last few weeks about the political aspects of Britain joining a European monetary union (EMU), your editorial discussing some of the economic issues was most welcome ("Why we say Yes to a single currency", 11 February). Unfortunately, you exaggerate the likely economic benefits from monetary union and underestimate the potential problems. The arguments you put forward in favour of EMU are that it would reduce the risk of higher inflation, reduce uncertainties for companies, cut transaction costs and strengthen Europe's position in the global economy.
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