Research

Alan Budd examines sterling's ERM exit in the light of the UK's economic performance since 1992. There are also commentaries from Derek Scott, Tim Congdon and Samuel Brittan. The book can be purchased or a pdf can be downloaded below the summary

Alan Budd, discusses the contribution of ERM membership to Britain’s recent economic performance. Budd suggests that we joined the ERM … Continue reading “Black Wednesday – A Re-examination of Britain’s Experience in the Exchange Rate Mechanism”