On the origins of the Franco-German EMU controversies

Arbeitspapier

EMU is, to a large extent, the result of a process of Franco-German reconciliation and understanding. However, in the postwar period, there were significant differences in ideas and economic policy-making in Germany and France. France was dominated by the "tradition républicaine", giving a central role to the state in economic life. In Germany, the federal structure of the state went together with the social market economy. In this paper an analysis is presented of these differences in thought and economic policy-making, how they evolved through time, and how they contributed to shaping the nature and form of the European Union. The focus is on the Rome Treaties, the Werner Report and the Maastricht Treaty process.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: NBB Working Paper ; No. 34

Classification and Topics

• Classification: Wirtschaft ; Role of Economics; Role of Economists; Market for Economists ; History of Economic Thought since 1925: General ; Central Banks and Their Policies ; International Economic Order and Integration ; Capitalist Systems: Political Economy
• Subject: EMU ; economic thought ; economic policy-making ; France ; Germany ; Währungsunion ; Staatliche Einflussnahme ; Ordnungspolitik ; Deutschland ; Frankreich

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Maes, Ivo
• Event: Veröffentlichung
• (who): National Bank of Belgium
• (where): Brussels
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/144248
• Last update: 10.03.2025, 11:44 AM CET