Author Description

Britain began the 1990s with the longest recession since the 1930s and Europe generally seems sets for economic stagnation and mass unemployment throughout the decade. These developments have made the Maastricht Treaty and plans for the further economic integration of the European Community Inadequate at best as the need for the rest of the 1990s will be for policies to tackle unemployment. Such action cannot be limited to employment policies - positive fiscal, monetary, exchange rate, industrial and regional policies are also needed.