By J. Sloam
This e-book examines the ecu coverage of the German Social Democrats (SPD) after German unification, following their upward thrust to energy in 1998 and their list in workplace below Chancellor Schr?der. The research offers with coverage formation within the SPD via an research of the chance constructions for policy-making within the european, Germany and the social gathering itself.
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Extra info for The European Policy of the German Social Democrats: Interpreting a Changing World (New Perspectives in German Studies)
Sample text
Chancellor Kohl, in foretelling of flourishing landscapes, had, however, glossed over the costs of this regeneration, both understating and underestimating the hardships entailed in modernising the economic infrastructure of eastern Germany. German Economic and Monetary Union placed a heavy economic burden on the economy of Eastern Germany through the adoption of a 1 : 1 parity between the two German currencies. Deeper difficulties were created by the trade union-led drive for an equalisation of wages between the old and the new Länder despite large differences in levels of productivity.
1). Reunification in 1990 had a profound effect on the geopolitical and socioeconomic foundations upon which European policy was based, with the economic burden of regenerating the East German economy and the new interests in economic and political integration with the new regimes in East Central Europe (Chapter 2). The immediate (negative) reaction of Germany’s partners in Europe (most notably Britain and France) to the prospect of unification was to express fears that a united Germany would begin to dominate the EU as a consequence of its increased size and central position in an opened European continent.
11 Germany’s economic problems did not, furthermore, start and end with unification. The country also faced a number of pressing structural problems. Besides the mountain of debt, public spending was further pressurised by slow economic growth (which brought about falling tax receipts) and the demographic challenge of ageing populations with regard both to pensions and healthcare. After a brief period of growth in the late 1990s and 2000 under the Red–Green government, the economic situation deteriorated again.