Germany and the Politics of Europe's Money
- List Price: $24.95
- Binding: Paperback
- Publisher: Duke Univ Pr
- Publish date: 06/01/1998
Moving away from state-centered and Marxist approaches to the study of the European monetary integration process, Karl Kaltenthaler offers a new analytical framework to assess the dynamics within and among the participating countries. Using official and unofficial documents as well as interviews with players ranging from presidents of the Bundesbank to functionaries in the trade unions, Kaltenthaler argues that the number of decision makers negotiating policy and their accountability to interest groups, political parties, government ministries, and Germany's central bank have made Germany's fluctuations in policy inevitable.
Germany and the Politics of Europe's Money examines twenty years of German policy through an analysis of four key episodes: the creation of the European Monetary System, the creation of the Franco-German Economic and Financial Council, the establishment of policy toward the European Monetary Union, and the institutional transformation of the EMS in the 1990s. It thus brings a new understanding to Germany's dynamic policies and the political forces behind them.
Lending new perceptions to current issues involving the European Union, this book willengage students and scholars interested in the relationship between international institutions and domestic politics, European integration, monetary politics, and the German political economy.
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