Table Of ContentEuropean Integration
Also by Martin Holmes
BEYOND EUROPE
THATCHERISM: Scope and Limits, 1983–7
THE EUROSCEPTICAL READER (editor)
THE FAILURE OF THE HEATH GOVERNMENT
THE FIRST THATCHER GOVERNMENT: Contemporary Conservatism and
Economic Change
THE LABOUR GOVERNMENT, 1974–9: Political Aims and Economic Reality
European Integration
Scope and Limits
Martin Holmes
Lecturer in Politics
St Hugh’s College
Oxford
© Martin Holmes 2001
Softcover reprint of the hardcover 1st edition 2001 978-0-333-91446-5
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First published 2001 by
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Library of Congress Cataloging-in-Publication Data
Holmes,Martin.
European integration :scope and limits / Martin Holmes.
p.cm.
Includes bibliographical references and index.
ISBN 978-1-349-42300-2
1.European Union.2.European Union—Great Britain.I.Title.
JN30 .H67 2000
341.242'2—dc21
00–041487
10 9 8 7 6 5 4 3 2 1
10 09 08 07 06 05 04 03 02 01
Contents
Acknowledgements vii
List of Abbreviations and Acronyms viii
1 Introduction: Scope and Limits (2000) 1
Part I Britain and European Integration
2 The Conservative Party and Europe (1994) 11
3 John Major and Europe: The Failure of a
Policy (1997) 27
4 William Hague’s European Policy (2000) 53
Part II Economic Integration
5 From Single Market to Single Currency:
Evaluating Europe’s Economic Experiment (1995) 75
6 The European Economy East and West:
Convergence or Divergence? (1996) 109
7 The Transatlantic Implication of European
Monetary Union (1997) 121
Part III Political integration
8 European Federal Integration: The Case
Against (1996) 147
9 Franco–German Friendship and the Destination
of Federalism (1999) 163
10 Reviewing Europe: Selected Book Reviews
1991–7 (1999) 181
Index 207
v
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Acknowledgements
My greatest debt in writing this book is owed to the Commis-
sioning Editors of Macmillan, originally Tim Farmiloe, and
subsequently his successor Josie Dixon, who provided encourage-
ment and enthusiasm as well as handling the manuscript with
speed, courtesy and efficiency. I would also like to thank Jonathan
Collett and Yahya El-Droubie for invaluable assistance with research
and document scanning, respectively.
Thanks and acknowledgements are due to Peter Aspden, Literary
Editor of The Financial Times; Martin Ince, Deputy Editor of
the THES; Dr Chris Rowley, editor of the Asia-Pacific Business
Review; and Keith Carson, the Editor of Eurofacts, for permission
to reproduce the reviews in Chapter 10.
The Principal and Fellows of St Hugh’s College have provided
an atmosphere appreciative of scholarship and conducive to
research and I am grateful to them.
Needless to say any errors in the following pages are my
responsibility alone.
St Hugh’s College MARTIN HOLMES
Oxford
vii
List of Abbreviations and
Acronyms
APEC Asia-Pacific Economic Cooperation
ASEAN Association of Southeast Asian Nations
CAP Common Agricultural Policy
CEE Central and Eastern Europe
CFP Common Fisheries Policy
COMECON Council for Mutual Economic Aid
EC European Community
ECB European Central Bank
ECJ European Court of Justice
ECSC European Coal and Steel Community
EEC European Economic Community
EFTA European Free Trade Association
EMI European Monetary Institute
EMS European Monetary system
EMU Economic and Monetary Union
EPU European Payments Union
ERM Exchange Rate Mechanism
ESCB European System of Central Banks
EU European Union
FDI foreign direct investment
GATT General Agreement on Tariffs and Trade
GDP gross domestic product
G7 Group of Seven
IGC Intergovernmental Conference
IMF International Monetary Fund
MAD mutually assured destruction
MEP Member of the European Parliament
MPR mutual product recognition
NTB non-tariff barrier
OECD Organisation for Economic Cooperation and
Development
OPEC Organisation of Petroleum Exporting Countries
viii
Acknowledgements ix
PPP purchasing power parity
QMV qualified majority voting
UKIP United Kingdom Independence Party
UNCTAD United Nations Commission for Trade and
Development
VAT Value Added Tax
VER voluntary export restriction
WTO World Trade Organisation
