Why Germany Wanted EMU: The Role of Helmut Kohl's Belief System and the Fall of the Berlin Wall |
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Authors: | Femke Van Esch |
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Affiliation: | 1. F.a.w.j.vanesch@uu.nl |
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Abstract: | In light of the current Euro-crisis and seemingly erratic German response to it, the question of why Germany wanted EMU has gained new relevance. While EMU entailed economic and political benefits for Germany, this article indicates that taking into account the German shared historical consciousness, and the combined effect of Chancellor Kohl's beliefs and 1989 Eastern European revolution provides a more adequate answer to this question. More specifically, such an explanation provides an answer to remaining questions concerning the timing of the German acquiescence, and the ambiguous and inconsistent behaviour of the Kohl government on the road to Maastricht. |
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