Publisher's Synopsis
The end of the Cold War brought the collapse of the Soviet Union and the unification of the two German states that had been created from the rubble of World War II. Now left as the most powerful state in the continent, will the new Germany inevitably create a Germanized Europe? The surprising answer that emerges from the essays in this volume is that this will not happen. The powerful integrative forces within the European Community have created a framework which is now too powerful to be overawed by any one member, however strong. In analyses of business, organized labour, and German policy-making institutions, the contributors to this book emphasize the remarkable dilution of national sovereignty that EC mechanisms have produced. Even the formidable Bundesbank is not totally immune, and this book includes several highly perceptive essays on the relationship between Germany and the European Monetary System.
