Navigationsweiche Anfang

Navigationsweiche Ende

Aktuelles

  • Invitation Zoom Digital Seminar: The International Economics of the Corona Shock
    The International Economics of the Corona Shock Zoom Digital Seminar Date: 8 July 2020 Time:... [mehr]
  • Klausureinsicht am 0107.2020: WiSe 19/20 / Exam Review Winter term 19/20
    Am 01.07.2020 findet in FN.00.01 die Klausureinsicht für folgende Klausuren aus dem Wintersemester... [mehr]
  • New discussion paper from Lucas Bretschger and Elise Grieg (ETH Zürich) and Paul Welfens and Tian Xiong (EIIW/University of Wuppertal)
    Bretschger, L.; Grieg, E.; Welfens, P.J.J.; Xiong, T.: Corona Fatality Development, Medical... [mehr]
  • Prof. Paul J.J. Welfens zu den EU-Finanzhilfen am 19.05.20
    YouTube Video [mehr]
  • New Discussion Paper: Corona World Recession and Health System Crisis: Shocks Not Understood So Far
    Summary: The Coronavirus World Recession is a global symmetric shock that will cause... [mehr]
zum Archiv ->

EU monetary integration was reinforced in the 1980s when macroeconomic convergence and a dominant role of the German Bundesbank created the basis for relatively stable exchange rates and increasing EU trade volumes. The analysis here focuses on the EMS crisis of 1992/93, the topic of optimum currency areas and the problem of fiscal policies and regional stabilization in Europe, the US and Canada. This book gives an assessment of the EMS developments and shows how financial market liberalization as well as the EU single market project affect the process of economic and monetary union. The role of currency substitution and problems of the Bundesbank's monetary policy control in a changing international system are evaluated