HST 112 Lecture Notes - Lecture 23: European Central Bank, European Debt Crisis, Euroscepticism
Document Summary
Hst 112 | april 25, 2016 | week 13. Argument: the end of the cold war, the wars in yugoslavia, European unification, and other developments after 1989 all contributed to a period of reorientation in europe during the 1990s. States with the euro: 18 states (not all states have it) European coal and steel community (ecsc, 1952) Throughout the 70s, deeper policies weren"t really created. More nations joined the eu, but the policies themselves didn"t really change. Idea: if they create 1 large economy, it will be more competitive: in theory goods ad services should move throughout the european community freely, but nations would set up standards that kept cars out of their markets, ex. Setting up policies and laws that would prevent other nation"s goods from selling. Treaty on european union/maastricht (feb 1992: goal: single market. Much of the 1990s, nations were working to meet euro laws and transition to the new currency.
