Whither (or Wither) the Euro? Labour and the Single Currency
Version of Record online: 20 FEB 2003
Volume 23, Issue 1, pages 1–9, February 2003
How to Cite
Carter, N. (2003), Whither (or Wither) the Euro? Labour and the Single Currency. Politics, 23: 1–9. doi: 10.1111/1467-9256.00174
- Issue online: 20 FEB 2003
- Version of Record online: 20 FEB 2003
New Labour has always claimed consistency in its euro policy, yet its position has undergone significant modification since Blair became party leader: early enthusiasm has given way to uncertainty. Labour's shift is commonly ascribed to political factors. This article argues the primacy of economics. Labour has a better understanding of Europe's importance to Britain than perhaps any post-war administration but, as its euro policy demonstrates, its ‘new’ approach to Europe is substantially a traditional one.