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Germany’s Role in the Euro Crisis [electronic resource] : Berlin’s Quest for a More Perfect Monetary Union / by Franz-Josef Meiers.

By: Contributor(s): Publisher: Cham : Springer International Publishing : Imprint: Springer, 2015Description: VII, 146 p. online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9783319205144
Subject(s): Genre/Form: Additional physical formats: Printed edition:: No titleDDC classification:
  • 327 23
LOC classification:
  • JZ2-6530
Online resources:
Contents:
Introduction -- "Made in Germany": Categorial Imperatives of Ordoliberalism -- Teetering at the Edge of the Precipice: Merkel's Politics of Small Steps, 2009-2013 -- Germany's Ordoliberal Lodestar and the Shifting Euro Crisis, 2014 -- Germany's Role in the Euro Crisis Management -- "Merkelism" and the "New Normal".
In: Springer eBooksSummary: This book analyses Germany’s role in the euro crisis. Based on the perception of Berlin as the emerging capital of the European Union, the author investigates three interrelated issues: Did the German policy approach of imposing austerity programs on countries in the middle of a deep recession contribute to the successful management of the euro crisis? Does Germany extend its sway over its European partners by forcing them to surrender to the German diktat of fiscal Disziplin and economic efficiency? Is the stubborn insistence on rigid fiscal adjustment another ominous sign of the Berlin Republic moving away from the country’s traditional European vocation toward an imperial leadership role? The book’s main argument is that Germany’s role in and responses to the euro crisis can best be explained by different concepts of self, historical memory, and institutional practices.
Item type: eBooks
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Introduction -- "Made in Germany": Categorial Imperatives of Ordoliberalism -- Teetering at the Edge of the Precipice: Merkel's Politics of Small Steps, 2009-2013 -- Germany's Ordoliberal Lodestar and the Shifting Euro Crisis, 2014 -- Germany's Role in the Euro Crisis Management -- "Merkelism" and the "New Normal".

This book analyses Germany’s role in the euro crisis. Based on the perception of Berlin as the emerging capital of the European Union, the author investigates three interrelated issues: Did the German policy approach of imposing austerity programs on countries in the middle of a deep recession contribute to the successful management of the euro crisis? Does Germany extend its sway over its European partners by forcing them to surrender to the German diktat of fiscal Disziplin and economic efficiency? Is the stubborn insistence on rigid fiscal adjustment another ominous sign of the Berlin Republic moving away from the country’s traditional European vocation toward an imperial leadership role? The book’s main argument is that Germany’s role in and responses to the euro crisis can best be explained by different concepts of self, historical memory, and institutional practices.

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