Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
P. 1
Origins Franco-german EMU

Origins Franco-german EMU

Ratings: (0)|Views: 69|Likes:
Published by Peter Barnett

More info:

Published by: Peter Barnett on Jan 10, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

04/12/2013

pdf

text

original

 
NBB WORKING PAPER No.34 - JULY 2002
NATIONAL BANK OF BELGIUM
WORKING PAPERS – RESEARCH SERIES
ON THE ORIGINS OF THE FRANCO-GERMAN EMU CONTROVERSIES
 _______________________________
I. Maes
(∗)
 The views expressed in this paper are those of the authors and do not necessarily reflectthe views of the National Bank of Belgium.As this paper is part of an ongoing research project on economic thought and Europeanintegration, I am indebted to many persons for fascinating discussions and suggestions. Aspecial word of thanks goes to J.-P. Abraham, P. Achard, M. Albert, R. Barre,J.-R. Bernard, S. Bertholomé, G. Brouhns, J. de Larosière, A. de Lattre, H. Famerée,L. Gleske, J. Godeaux, G. Grosche, O. Issing, A. Kees, M. Lahnstein, D. Laidler, A. Louw,Ph. Maystadt, J. Michielsen, B. Molitor, F. Mongelli, F.-X. Ortoli, C. Panico, J.-C. Paye,W. Pluym, G. Ravasio, J.-J. Rey, J. Rollo, L. Schubert, J. Smets, G. Tavlas, H. Tietmeyer,J. Vignon, and H. von der Groeben. Earlier drafts have been presented at seminars at theEuropean Central Bank, the Università Frederico II, the Sussex European Institute andconferences of the University Association of Contemporary European Studies and theEuropean Society for the History of Economic Thought. The usual disclaimers apply.
(∗)
NBB, Research Department, University of Leuven and ICHEC (e-mail: ivo.maes@nbb.be).
 
2
NBB WORKING PAPER No.34 - July 2002
 
Editorial Director
Jan Smets, Member of the Board of Directors of the National Bank of Belgium
Statement of purpose:
The purpose of these working papers is to promote the circulation of research results (Research Series) and of analyticalstudies (Document Series) made within the National Bank of Belgium or presented by outside economists in seminars,conferences and colloquia organised by the Bank. The aim is to provide a platform for discussion. The opinions are strictlythose of the authors and do not necessarily reflect the views of the National Bank of Belgium.
The Working Papers are available on the Bank’s website :
http://www.nbb.beIndividual copies are also available on request from:
NATIONAL BANK OF BELGIUM
Documentation Serviceboulevard de Berlaimont 14B - 1000 Brussels
Imprint: Responsibility according to the Belgian law: Jean Hilgers, Member of the Board of Directors, National Bank of Belgium.Copyright © National Bank of BelgiumReproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged.ISSN: 1375-680X
 
NBB WORKING PAPER No.34 - JULY 2002
Abstract
EMU is, to a large extent, the result of a process of Franco-German reconciliation andunderstanding. However, in the postwar period, there were significant differences in ideasand 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, thefederal structure of the state went together with the social market economy. In this paperan analysis is presented of these differences in thought and economic policy-making, howthey evolved through time, and how they contributed to shaping the nature and form of theEuropean Union. The focus is on the Rome Treaties, the Werner Report and theMaastricht Treaty process.JEL codes: A11, B20, E58, F02, P16.Keywords: EMU, economic thought, economic policy-making, France, Germany.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->