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The Euro: Implications for Germany and Europe

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50 Years of the German Mark
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Abstract

Since the establishment of the European Coal and Steel Community in 1951, Germany has been split into two rival camps. The one regarded European integration by way of the creation of common European institutions as an historical option that was in accordance with European realities and prospects. The other camp rejected the idea of establishing communities with specific organizational patterns. It advocated an economic integration of Europe propelled by market forces. Ludwig Erhard, a man with wider ideas, favoured a free trade area - of course an all-embracing one, not the realized small one.

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© 2001 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Kloten, N. (2001). The Euro: Implications for Germany and Europe. In: Hölscher, J. (eds) 50 Years of the German Mark. Anglo-German Foundation for the Study of Industrial Society. Palgrave Macmillan, London. https://doi.org/10.1057/9780230378551_6

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