Artikel
Lessons for Europe from German monetary union
Precisely 25 years ago, on July 1, 1990, German monetary union came into force. On the same day, capital controls in Europe were abolished, creating the basis for European monetary union and the euro. These two historical events fundamentally changed Germany and the rest of Europe. Both German and European monetary union were and still are being heavily criticized and debated. Was the design of German monetary union wrong? Was it a mistake to adopt the euro? Particularly in terms of finding a solution to the current European crisis, it is important to understand what lessons Europe can take from German monetary union.
- Sprache
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Englisch
- Erschienen in
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Journal: DIW Economic Bulletin ; ISSN: 2192-7219 ; Volume: 5 ; Year: 2015 ; Issue: 27 ; Pages: 361-364 ; Berlin: Deutsches Institut für Wirtschaftsforschung (DIW)
- Klassifikation
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Wirtschaft
Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
Central Banks and Their Policies
Economic Integration
- Thema
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German unification
European Currency Union
Greece
- Ereignis
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Geistige Schöpfung
- (wer)
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Fratzscher, Marcel
- Ereignis
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Veröffentlichung
- (wer)
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Deutsches Institut für Wirtschaftsforschung (DIW)
- (wo)
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Berlin
- (wann)
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2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Fratzscher, Marcel
- Deutsches Institut für Wirtschaftsforschung (DIW)
Entstanden
- 2015