In This Review

Britain, Germany, And 1992: The Limits Of Deregulation
Britain, Germany, And 1992: The Limits Of Deregulation
By Steven Woolcock, Michael Hodges and Kristin Schreiber
Council on Foreign Relations Press (for the Royal Institute of Internationa, 1991, 120 pp.

Will national deregulation lead to reregulation by the European Community in 1992? How seriously will the remaining differences in national practices interfere with the creation of a single market? Through close analysis and numerous interviews the British and German authors of this valuable study examine the prospects for mergers and acquisitions, public procurement, technical standards, telecommunications and financial services. They fit a remarkable amount of essential detail into a small book and bring out interesting contrasts between the way nominal liberalism works in Germany and Britain.