Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/101700
Authors: 
Hefeker, Carsten
Year of Publication: 
1994
Series/Report no.: 
Diskussionsbeiträge: Serie II, Sonderforschungsbereich 178 "Internationalisierung der Wirtschaft", Universität Konstanz 221
Abstract: 
The most recent wave of political integration in Europe is usually interpreted to represent a consequence of German unification, following which the other EU countries attempted to contain an imputed threat of the change in the European balance of power. This paper shows that German unification may well have also had adverse effects on European integration by arguing that the breakdown of the EMS was due to the well-calculated monetary policy of the Bundesbank with the silent consent of the German government in the course of German Monetary Unification.
Document Type: 
Working Paper

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