ECON 319 Lecture Notes - Lecture 10: Robert Schuman, Irving Fisher, System For Information On Grey Literature In Europe
9 Feb 2017
School
Department
Course
Professor
Document Summary
(cid:862)ca(cid:374) europe (cid:271)e sa(cid:448)ed? (cid:863) (cid:271)(cid:455) paul krug(cid:373)a(cid:374)- notes. Europe is i(cid:374) a deep (cid:272)risis (cid:271)e(cid:272)ause it"s (cid:862)proudest a(cid:272)hie(cid:448)e(cid:373)e(cid:374)t(cid:863), the si(cid:374)gle (cid:272)urre(cid:374)(cid:272)(cid:455) adopted (cid:271)(cid:455) (cid:373)ost. The creation of the euro was euro was supposed to be the finest moment in a grand and noble undertaking. When euro was created the difficulties of a shared currency were ignored, europe lacked the institutions needed to make a common currency workable. Europe is seen as a role model to the usa, showing that peace and unity can come out of a region with a history of violence and setting an example for democracy, human rights and individual economic security. On may 9th, french foreign minister, robert schuman, proposed that france and west germany pool their coal and steel production, making any future war between germany and france (cid:862)(cid:373)ateriall(cid:455) i(cid:373)possi(cid:271)le(cid:863) This evolved into a customs union within which all goods were freely traded.
