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Palgrave Macmillan

The German Currency Union of 1990

A Critical Assessment

  • Book
  • © 1997

Overview

Editors:
  1. Stephen F. Frowen

    1. Department of Economics, University College London, UK

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  2. Jens Hölscher

    1. Institute for German Studies, University of Birmingham, UK

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Table of contents (12 chapters)

  1. Front Matter

    Pages i-xxi
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  2. The Dimensions of German Economic Unification: Keynote Address

    1. The Dimensions of German Economic Unification: Keynote Address

      • Stephen F. Frowen
      Pages 1-10

  3. International Consequences

    1. Front Matter

      Pages 11-11
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    2. The D-Mark Exchange Rate Impact

      • Reiner König
      Pages 13-35

    3. German Currency Union and the Crises in the European Monetary System

      • David Cobham
      Pages 36-62

    4. German Monetary Union and its Implications for the Rest of Europe

      • Ray Barrell
      Pages 63-86

    5. The Investment Diversion Effects of German Unification

      • Geoffrey Pugh
      Pages 87-98

  6. Back Matter

    Pages 257-269
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Keywords

About this book

The book assesses the most exciting experiment in modern economic history - the German currency union of 1990 - on three levels. Firstly the international consequences are analysed utilising different paradigms of monetary theory. These controversial results lead to a closer look at the relationship between monetary policy and production in Germany, and thirdly, the book concludes with a reconsideration of the old economic question, whether money matters, applied to the German case.

Editors and Affiliations

  • Department of Economics, University College London, UK

    Stephen F. Frowen

  • Institute for German Studies, University of Birmingham, UK

    Jens Hölscher

About the editors

STEPHEN FROWEN is Honorary Research Fellow in the Department of Economics at University College London and Senior Research Associate at the Von Hügel Institute, St Edmund's College, Cambridge, and the Institute for German Studies, University of Birmingham. He was previously Bundesbank Professor of Monetary Economics in the Free University of Berlin, and Professor of Economics in the University of Frankfurt. For many years he was the holder of senior teaching posts at the University of Surrey and the University of Greenwich, and held visiting professorships in several European countries. Among other appointments, he has been a Consultant at UNIDO, Vienna; a Research Officer, National Institute of Economic and Social Research; Economic Adviser, Industrial and Commercial Finance Corporation (now 3i); and Editor of The Bankers' Magazine (now The Chartered Banker).

JENS HÖLSCHER is DAAD Senior Fellow in Economics at the Institute for German Studies, University of Birmingham. He was previously Lecturer at the University of Wales, Swansea and Assistant Lecturer in Berlin. He has published several economics books in German, amongst them Entwicklungsmodell Westdeutschland and Conditions of Economic Development in Central and Eastern Europe, Vols 1-5.

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