The Political Will of the Bundesbank in the European Monetary Integration Process
The German Central Bank, or Bundesbank, has since its founding in postwar West Germany been committed to the maintenance of a stable, conservative monetary policy to control the German economy. During moments key in the process of European integration, the bank has worked to delay and reframe the in...
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Format: | Others |
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Scholarship @ Claremont
2013
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Online Access: | http://scholarship.claremont.edu/scripps_theses/244 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1230&context=scripps_theses |
Summary: | The German Central Bank, or Bundesbank, has since its founding in postwar West Germany been committed to the maintenance of a stable, conservative monetary policy to control the German economy. During moments key in the process of European integration, the bank has worked to delay and reframe the integration process in order to best benefit the German economy. This study examines four such moments, beginning with the collapse of the Bretton Woods system and ending with the Greek bailouts of 2010, to examine the Bundesbank’s influence, both domestically and internationally, in determining the framework of the current European Union and its monetary policy. |
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