Политика Великобритании в ЕЭС: вопросы экономического и валютного союза в первой половине 1970-х гг.

Translated title of the contribution: THE BRITISH EEC POLICY: THE ISSUES OF ECONOMIC AND MONETARY UNION IN THE FIRST HALF OF 1970S.

Research output: Contribution to journalArticlepeer-review

150 Downloads (Pure)

Abstract

The article deals with the British approach to questions of a deepening of integration and movement of the Common Market countries to the Economic and Monetary Union (EMU). Referring to documents of the British government, the author argues, that the plan of transition to EMU approved in the beginning of 1970s provided in its final stage construction of the political union on principles of federation which were unacceptable for Britain. The plan provided: the coordination of economic policy, fixation of rates of exchange within the limits of «currency corridor», establishment of the central body of economic policy regulation - the European Central Bank and political authorities for its
control. On the one hand, EEC membership compelled the Great Britain to coordinate its policy with a Community policy, on the other hand, it provided an opportunity as a full EEC member to influence directions and rates of integration, of which the British government wished to take advantage. In conclusion the author affirms, that the position of the Great Britain has led to Community refusal of initial plans on EMU, as well as to the improvement of terms of the British membership in the Common Market and to strengthening of the political support of the British government policy towards the EEC
which was not limited only to economic interests, and pursued the foreign policy objectives.
Translated title of the contributionTHE BRITISH EEC POLICY: THE ISSUES OF ECONOMIC AND MONETARY UNION IN THE FIRST HALF OF 1970S.
Original languageRussian
Pages (from-to)143-154
JournalТРУДЫ КАФЕДРЫ ИСТОРИИ НОВОГО И НОВЕЙШЕГО ВРЕМЕНИ
Issue number19 (1)
StatePublished - Sep 2019

Fingerprint

Dive into the research topics of 'THE BRITISH EEC POLICY: THE ISSUES OF ECONOMIC AND MONETARY UNION IN THE FIRST HALF OF 1970S.'. Together they form a unique fingerprint.

Cite this