Index - EMU - Monetarism/Swedish Crisis - Business News - Internetional Times

WOLFGANG MUNCHAU, FT, 99-07-05
Mr Eichel’s package fails on all three counts - policy mix, income taxes and labour market flexibility. It continues in the tradition of a pro-cyclical fiscal policy (a tightening of fiscal policy at a time of low economic growth).

German handicap Martin Wolf, Financial Times, March 31, 1999
Few have realised the most dangerous feature of Emu: it has locked Germany into a seriously uncompetitive real exchange rate

D-Mark, history of
- Amity Shlaes, a member of The Wall Street Journal's editorial board. This article was adapted from her April, 1997 New Yorker article, "Loving the Mark."

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