The domestic factors affecting the German position in the single European currency
Date of Publication
1998
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Arts in International Studies Major in European Studies
Subject Categories
Eastern European Studies | International and Area Studies
College
College of Liberal Arts
Department/Unit
International Studies
Abstract/Summary
This study focuses its research on the stand of the German government on the Single Currency. From the start of the Economic and Monetary Union Germany the one who wants to pursue the goal of having a single currency in Europe. Chancellor Helmut Kohl is behind Germany's persistence because he wants Germany's economy to prosper through the Euro and to have a more cohesive Europe.
Though the glittering promise of prosperity, skepticism still arises within the German people due to the rising unemployment brought about by the policies of the government to meet its own Maastricht criteria on convergence. The Euro will save millions of Euro per year and will provide more employment and capital investment not only in Germany but the whole of Europe.
Many German businesses will gain because of the elimination of transaction and exchange rate costs. Prices of commodities will stabilized through out Europe eliminating price discrepancy within Euro member countries. It would be easier for investors to penetrate European markets and thus increasing investments. Tourism will also benefit because of the elimination of Exchange rate costs, tourist will save money and spend more for themselves.
Abstract Format
html
Language
English
Format
Accession Number
TU10137
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
62 leaves ; Computer printout
Keywords
European currency unit, Money—European Union countries, Money—Germany
Recommended Citation
De Guzman, R., & Magpayo, N. (1998). The domestic factors affecting the German position in the single European currency. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/4338
Embargo Period
2-3-2021