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Author: Peter H. Loedel
Publisher: Lynne Rienner Publishers
ISBN: 9781555878351
Category : European Union
Languages : en
Pages : 280
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Book Description
Loedel (political science, West Chester U., Pennsylvania) examines why Germany was prepared to sacrifice the deutsche mark for European Monetary Union (EMU), providing in the process an account of the forces that exert pressure on the deutsche mark. Analyzed in depth is the institutional relationship between the Bundesbank and the federal government and Germany's bargaining strategies toward European and global monetary-governance structures. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Karl Kaltenthaler
Publisher: Duke University Press
ISBN: 9780822321712
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
As countries in the European Union struggle to comply with the Maastricht Treaty, the question of monetary integration is at the forefront of European politics. This book explores how and why Germany--whose economic power makes it a pivotal player--has developed inconsistent policies toward European monetary institutions and how these institutions affect domestic politics and state policies toward the institutions.
Author: Malcolm Crawford
Publisher: Springer
ISBN: 134925035X
Category : Business & Economics
Languages : en
Pages : 390
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Book Description
Europe is on the road to monetary union (EMU) even if there may be delays and diversions on the way. The focal point of EMU will be its single currency, valid throughout all participating countries, and replacing the national currencies. There will be considerable transitional pain and stress, most of all for member states with very high public debts. For the rest, the road ahead will not be smooth, but should be assisted by easier monetary policy in Germany since 1993. For some countries at least, the pain will be aggravated unnecessarily by design defects in the transitional rules for entry - which there is still time to remedy. The author - no admirer of a federal Europe - describes how EMU could actually work better in a confederal Europe with no federal chief executive and with a relatively weak Parliament. The independent Eurofed would be responsible for managing economic policy on an EC-wide basis, while national governments could use fiscal policies to mitigate local deviations. Weak regions and poor peripheral countries would require more flexible assistance from EC resources, however.
Author: Peter Henning Loedel
Publisher:
ISBN: 9781685851842
Category : POLITICAL SCIENCE
Languages : en
Pages : 0
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Book Description
Why is Germany prepared to sacrifice the deutsche mark for European Monetary Union? Peter Loedel's novel analysis, incorporating domestic, European, and global aspects of German monetary policy, suggests that the institutional relationship between the Bundesbank and the federal government, together with Germany's bargaining strategies toward European and global monetary-governance structures, can provide the answer to the deutsche mark puzzle. Examining the record from 1985 through May 1998, Loedel challenges common conceptions of the Bundesbank's independence. He also explores the ability of external structures to affect German monetary decisions. His presentation of political and economic forces offers fresh insight into the factors shaping German monetary politics and the future of EMU.
Author: Philipp Genschel
Publisher: Oxford University Press, USA
ISBN: 0199662827
Category : Political Science
Languages : en
Pages : 305
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Book Description
This volume explores the involvement of the European Union in the exercise of core state powers such as foreign and defense policy, public finance, public administration, and the maintenance of law and order.
Author: Frederick Taylor
Publisher: Bloomsbury Publishing USA
ISBN: 1620402378
Category : History
Languages : en
Pages : 433
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Book Description
"Excellent . . . Mr. Taylor tells the history of the Weimar inflation as the life-and-death struggle of the first German democracy . . . This is a dramatic story, well told." --The Wall Street Journal
Author: Karl Kaltenthaler
Publisher: Global Environmental Accord (H
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
Traces the dynamics of German policy toward the European Monetary System and develops a new analytical framework for deciphering how international institutions affect domestic politics and how, in turn, domestic politics influence state policies towards t
Author: Quinn Slobodian
Publisher: Duke University Press
ISBN: 0822351846
Category : Education
Languages : en
Pages : 318
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Book Description
Foreign Front describes the activism that took place in West Germany in the 1960s when more than 10,000 students from Asia, Latin America, and Africa were enrolled in universities there. They served as a spark for local West German students to mobilize and protest the injustices that were occurring wordwide.
Author: Simon Bulmer
Publisher: Routledge
ISBN: 1317535170
Category : Political Science
Languages : en
Pages : 277
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Book Description
Originally published in 1987, this book examines German governmental policy from 1969-1986 and explains this in terms of the political, economic and administrative dynamics of the (then) Federal Republic. The study includes analysis of the attitudes and the role of West German interest groups, political parties, public opinion, the legislature and the federal states regarding European policy. The book is based on extensive interviews as well as the authors’ familiarity with the institutions and key players involved. It will appeal to students of German politics, the EU and international relations.
Author: Jörg Bibow
Publisher: Springer
ISBN: 0230377556
Category : Business & Economics
Languages : en
Pages : 318
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Book Description
This book takes a broad perspective to challenge orthodox views about the role of Euroland in the world economy, providing a comprehensive framework to address important questions for the future of the Euro, including the key question: will the single currency contribute to world economic dynamism or be driven by the vigour and vitality of others?
Author: Harold James
Publisher: Harvard University Press
ISBN: 0674070941
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
Europe’s financial crisis cannot be blamed on the Euro, Harold James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to a series of problems that were debated but not resolved at the time of the Euro’s invention. Since the 1960s, Europeans had been looking for a way to address two conundrums simultaneously: the dollar’s privileged position in the international monetary system, and Germany’s persistent current account surpluses in Europe. The Euro was created under a politically independent central bank to meet the primary goal of price stability. But while the monetary side of union was clearly conceived, other prerequisites of stability were beyond the reach of technocratic central bankers. Issues such as fiscal rules and Europe-wide banking supervision and regulation were thoroughly discussed during planning in the late 1980s and 1990s, but remained in the hands of member states. That omission proved to be a cause of crisis decades later. Here is an account that helps readers understand the European monetary crisis in depth, by tracing behind-the-scenes negotiations using an array of sources unavailable until now, notably from the European Community’s Committee of Central Bank Governors and the Delors Committee of 1988–89, which set out the plan for how Europe could reach its goal of monetary union. As this foundational study makes clear, it was the constant friction between politicians and technocrats that shaped the Euro. And, Euro or no Euro, this clash will continue into the future.
