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Cover of The German currency union of 1990

The German Currency Union of 1990

A Critical Assessment

By Stephen F. Frowen

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Publish Date

January 1997

Publisher

Palgrave Macmillan

Language

eng

Pages

269

Description:

The book provides an assessment of one of the most exciting experiments in modern economic history: the German currency union of 1990. The task is approached on three levels: First, the international consequences are analysed from various perspectives and different paradigms of monetary theory. Second, the controversial results lead to a closer look at the relationship between monetary policy and the real sector of the German economy, and third, the book concludes with a reconsideration of the old economic question, whether money matters, applied to the German case.