Fifty Years of the Deutsche Mark: Central Bank and the Currency in Germany since 1948


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This book provides detailed independent analyses of the successes and limitations of one of the most successful economic relationships in recent history: the Deutsche Mark and the Deutsche Bundesbank. Issues covered include the central bank constitution, the central bank's relationship with fiscal policy-makers and with other banks, and the international significance of the Deutsche Mark. With European economic and monetary union approaching, the lessons to be learnt from the German experience are now more important than ever.From reader reviews:
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