BU Professor Jonathan Zatlin Wins DAAD Prize for Distinguished Scholarship in German and European Studies
Professor Jonathan Zatlin is the recipient of the Prize for Distinguished Scholarship in German and European Studies in the field of Economics, which is awarded by the DAAD (German Academic Exchange Service). The prize will be presented on December 13 in a black-tie affair in New York City. 
Meanwhile, Zatlin’s essay “Rethinking Reunification: German Monetary Union and European Integration” just appeared in Peter C. Caldwell and Robert Shandley (eds.), German Unification: Expectations and Outcomes (New York: Palgrave Macmillan, 2011). The essay argues that the bold decision of the West German government to extend the D-Mark to East Germany in February 1990 stood in contradiction to economic theory as well as forty years worth of German policy toward Europe. Despite widespread reservations, however, German monetary union turned out to be foundation of German unification. Ironically, German monetary union made the Euro possible because it provided both the precedent and political foundation for European Monetary Union even as it silenced German objections that a single European currency would be vulnerable to instabilities such as those we are currently witnessing.
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