Fifty Years of the German Mark 2001 (Innbundet)

Essays in Honour of Stephen F. Frowen

Serie: Anglo-German Foundation 

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Innbinding: Innbundet
Utgivelsesår: 2001
Antall sider: 229
Forlag: Palgrave Macmillan
Språk: Engelsk
Serie: Anglo-German Foundation
ISBN/EAN: 9780333752678
Kategori: Økonomi og ledelse
Omtale Fifty Years of the German Mark 2001
This collection presents an authoritative overview of one of the three key currencies of the second half of the 20th century, the German Mark. In his keynote essays, Charles A.E. Goodhart reflects on the future of the Euro against the background of the success story of the Deutsche Mark. His main concern is, whether fiscal policy in "Euroland" will be ready for action in case of an economic downturn. He also wonders whether the European Central Bank will be the same safeguard against inflation as the Bundesbank was. On the same issue of stability orientation, Hans Tietmeyer reviews the 50 years lifetime of the German Mark pointing out that the Bundesbank will continue to have a say within the European Central Bank. In particular he emphasizes the vital part of the Deutsche Mark as cornerstone of the so called "Social Market Economy" in postwar Germany. The volume should be of great interest to academics and practitioners alike.

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