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Miguel I. Purroy’s Followers
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Miguel I. Purroy
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Germany and the Euro Crisis: A Failed Hegemony
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* Note: these are all the books on Goodreads for this author. To add more, click here.
“Britain already had a customs union and a common market much earlier than Europe, which would explain its scant initial interest in an economic community or customs union to trade its products.”
― Germany and the Euro Crisis: A Failed Hegemony
― Germany and the Euro Crisis: A Failed Hegemony
“However, the relatively stronger initial position of Britain’s economy should not hide the fact that she too emerged very impoverished from the war. British citizens had to endure a continuation in practice of the war economy until well into the 1950s, characterized by restrictions on consumption, acute shortages, price controls, rationing, queues for everything, austerity and exchange rate crises. The difference with Europe, especially France and Germany, was that these countries resumed the path of growth and prosperity much more quickly. It took the British almost two decades to realise that they had been left behind and that they needed Europe more than they thought.”
― Germany and the Euro Crisis: A Failed Hegemony
― Germany and the Euro Crisis: A Failed Hegemony
“For France, ever irritated by the growing US dominance over Europe, this humiliation led to several conclusions that would colour its later attitude towards Europe: first, that it needed to build up its own nuclear and military power, second, that it needed to foster a strategic relationship with Germany, and third, that negotiations for the creation of the European Economic Community had to be accelerated”
― Germany and the Euro Crisis: A Failed Hegemony
― Germany and the Euro Crisis: A Failed Hegemony
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