The Bundesbank: The Bank that Rules EuropeMandarin, 1993 - 359 pagina's The might of the D-Mark gives the Bundesbank greater influence than most elected governments over monetary policies across Europe. In bringing to life the central bank and the people who run it, Marsh reveals its history, and present-day, behind-the-scenes arguments over European monetary union. |
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Pagina 18
... inflation , the D - Mark has lost two - thirds of its value since 1948. The Bundesbank's long - term aim is to maintain average inflation at about 2 per cent a year – the same level as in the 1950s and 1960s . Since the breakdown of ...
... inflation , the D - Mark has lost two - thirds of its value since 1948. The Bundesbank's long - term aim is to maintain average inflation at about 2 per cent a year – the same level as in the 1950s and 1960s . Since the breakdown of ...
Pagina 192
... inflation , but the Bundesbank took on the role of the world's anti - inflation ice - breaker . The central bank succeeded in reducing inflation but at the cost of a domestic recession . It sharply increased interest rates , raising its ...
... inflation , but the Bundesbank took on the role of the world's anti - inflation ice - breaker . The central bank succeeded in reducing inflation but at the cost of a domestic recession . It sharply increased interest rates , raising its ...
Pagina 346
... Inflation rate must not be more than 1.5 points above the average of the three lowest inflation rates ( in 1991 , 2.5 per cent ) . 2. General government budget deficit must not be more than 3 per cent of gross national product , apart ...
... Inflation rate must not be more than 1.5 points above the average of the three lowest inflation rates ( in 1991 , 2.5 per cent ) . 2. General government budget deficit must not be more than 3 per cent of gross national product , apart ...
Inhoudsopgave
Preface | 1 |
Glossary | 5 |
The Hub of Europe 2 i | 8 |
Copyright | |
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Adenauer Bank deutscher Länder bank's bankers BAP/RB became billion Blessing Bonn Bonn government British Bundes Bundesbank council Bundesbank president cent chancellor council meeting countries D-Mark decision declared deficit Deutsche directorate member discount rate East Berlin East German economics ministry Emminger Erhard Europe European central bank European currency European monetary union exchange rate Federal finance minister foreign exchange former Frankfurt Führer Funk German economy German monetary union German unity Germany's gold Hamburg Helmut Helmut Schmidt Hitler Hjalmar Schacht Hülse increase inflation inflationary interest rates Interview with author Karl Otto Pöhl Klasen Kohl Kohl's Land central banks Landeszentralbank later letter Ludwig Erhard Maastricht monetary policy months Nazi party NSDAP Pöhl Pöhl's political post-war Puhl Reichsbank Reichsbank directorate Reichsbank president Reichsmark reparations reserves revaluation Schacht Schlesinger Schmidt Social Democrats Speech Staatsbank Third Reich Tietmeyer took unification vice-president VP.LZB Waigel Walther Funk West Wrede