Walter eltis britain Europe and EMU

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The book shows how the transformation of Britain's economic performance has been based on control of   public expenditure, improving competitiveness, co-operative industrial relations, and a large contribution from inward investment. In contrast,   Europe has suffered from rising unemployment, while misguided trade policies have obstructed the exploitation of the IT revolution. Europe's failures will undermine the EMU project and Britain will do well to keep clear.

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