Lessons from German Unification for European Integration? A Conceptual Approach

Anja Hochberg

Chapter 11 in East Germany’s Economic Development since Unification, 1998, pp 185-198 from Palgrave Macmillan

Abstract: Abstract German unification and European integration represent two separate though related unification processes with some remarkably comparable features, but also with some distinctively different characteristics. German and European integration differ in the speed and extent of transformation engendered: in just a few years, it is expected that the economic system of the former GDR will have been transformed into the so-called ‘social market economy’. European integration, while its completion is likely to take longer, also reaches for a new qualitative dimension, but, quite different from East Germany’s transformation, Europe’s essential underlying economic principles of operation will remain almost entirely in place.

Keywords: Exchange Rate; Monetary Policy; European Integration; Monetary Union; Common Agricultural Policy (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-1-349-14705-2_11

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DOI: 10.1007/978-1-349-14705-2_11

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