Most chapters in this book were presented at a workshop organised by the Germany Institute in Amsterdam on 28 April 1998. André Szász, former Director of the Nederlandsche Bank, chaired the workshop. Afterwards, I invited Otmar Issing and Robert Franzese to contribute a chapter as well. I would like to thank the Deutsche Bundesbank and the Kiel Institute of World Economics for granting permission to include the chapter by Otmar Issing. Finally, I express my gratitude to Philipp Maier for all the assistance that he provided.
Jakob de Haan