This book provides a comprehensive understanding of Germany's economic performance at the turn of the twenty-first century. The period under observation and analysis stretches from Germany's unification in 1990 over the death of the German Mark to first experiences with the Euro, with particular attention given to East Germany.
"This collection presents an overview of one of the key currencies of the second half of the twentieth century, the German Mark. In his keynote essay, Charles A.E. Goodhart reflects on the future of the Euro against the background of the success story of the Deutsche Mark. Hans Tietmeyer takes an historical view of the German Mark over the 50 years of its existence and stresses the DM's crucial contribution to post-war German economic recovery and success, ensured by a strategy of monetary stability now transferred to the Euro. The book also collects essays by other eminent authors, and is the cornerstone on German economic development, the DM and the Euro."--Jacket