Thesis (M.A. in National Security Affairs)--Naval Postgraduate School, Sept. 2004. / Thesis advisor(s): Donald Abenheim. Includes bibliographical references. Also available online.

Approved for public release; distribution is unlimited / In the United Kingdom, a central issue of contemporary foreign policy is whether or not to enter into full membership of the European Monetary Union (EMU). Membership has profound implications for the development of the European Union (EU) and the future of the North Atlantic Treaty Organization (NATO) and potentially upon the much heralded Anglo-American 'special relationship'. On a practical level, excluding the political implications of membership, joining the EMU means surrendering the pound sterling for the euro and in doing so the British would also surrender control of monetary policy. This thesis will examine the historical links between British defence and monetary policy and argues that there are strong historical bonds that link the two in the political psychology of Britain. This link has created for Britain twin nationalistic icons in the pound and the military. This thesis illustrates that a paradox exists in that membership in the EMU would improve British defence spending and yet nationalistic forces resist membership. At the same time, forces in Britain in favor of monetary integration, unable to accomplish it but pressured to show they are dedicated to the project of European integration, paradoxically commit to further defence integration thought the Common Foreign and Security Policy of the EU. / Lieutenant, United States Navy

Univ., FB Wirtschaftswiss., Diss.--Hamburg, 2003. / Literaturverz. S. 109 - 121.

Vortrag gehalten am 4. Juni 1988 an der Universität Würzburg anläßlich der Exkursion des Aufbaustudienganges "Europäische Integration" des Europa-Instituts der Universität des Saarlandes Lange vor Einführung des Euro ließ die Bundesbank die private Verwendung der Europäischen Währungseinheit (ECU) in Deutschland zu. Der Beitrag zeichnet die Schaffung und Bedeutung des ECU seit 1979 nach, einschließlich der Unterscheidung von offizieller und privater Verwendung, und benennt einige offene Rechtsfragen im Hinblick auf das Währungsrecht der DM.

The author sketches the development and legal status of the European Currency Unit (ECU), the predecessor of today's European single currency Euro, and asks whether from the perspective of (former) German monetary law, this currency unit had to be looked at not as a domestic currency ("Deutsche Mark"), but rather as a foreign one.

Vortrag gehalten am 4. Juni 1988 an der Universität Würzburg anläßlich der Exkursion des Aufbaustudienganges "Europäische Integration" des Europa-Instituts der Universität des Saarlandes Lange vor Einführung des Euro ließ die Bundesbank die private Verwendung der Europäischen Währungseinheit (ECU) in Deutschland zu. Der Beitrag zeichnet die Schaffung und Bedeutung des ECU seit 1979 nach, einschließlich der Unterscheidung von offizieller und privater Verwendung, und benennt einige offene Rechtsfragen im Hinblick auf das Währungsrecht der DM.

The author sketches the development and legal status of the European Currency Unit (ECU), the predecessor of today's European single currency Euro, and asks whether from the perspective of (former) German monetary law, this currency unit had to be looked at not as a domestic currency ("Deutsche Mark"), but rather as a foreign one.