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On the origins of the Franco-German EMU controversies. NBB Working Paper Nr. 34

Maes, Ivo (2002) On the origins of the Franco-German EMU controversies. NBB Working Paper Nr. 34. [Working Paper]

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    EMU is, to a large extent, the result of a process of Franco-German reconciliation and understanding. However, in the postwar period, there were significant differences in ideas and economic policy-making in Germany and France. France was dominated by the "tradition républicaine", giving a central role to the state in economic life. In Germany, the federal structure of the state went together with the social market economy. In this paper an analysis is presented of these differences in thought and economic policy-making, how they evolved through time, and how they contributed to shaping the nature and form of the European Union. The focus is on the Rome Treaties, the Werner Report and the Maastricht Treaty process.

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    Item Type: Working Paper
    Uncontrolled Keywords: Eeconomic thought; economic policy-making; Werner Report.
    Subjects for non-EU documents: EU policies and themes > Treaty reform > Maastricht Treaty
    Countries > France
    Countries > Germany
    EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    EU policies and themes > EU institutions & developments > institutional development/policy > historical development of EC (pre-1986)
    EU policies and themes > Treaty reform > founding Treaties
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > National Bank of Belgium (Brussels) > Working Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 25 Jun 2003
    Page Range: p. 40
    Last Modified: 15 Feb 2011 17:15

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