Germany’s Role in the Euro Crisis

Berlin’s Quest for a More Perfect Monetary Union

Nonfiction, Social & Cultural Studies, Political Science, Government, Public Policy, International, International Relations
Cover of the book Germany’s Role in the Euro Crisis by Franz-Josef Meiers, Springer International Publishing
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Author: Franz-Josef Meiers ISBN: 9783319205144
Publisher: Springer International Publishing Publication: August 28, 2015
Imprint: Springer Language: English
Author: Franz-Josef Meiers
ISBN: 9783319205144
Publisher: Springer International Publishing
Publication: August 28, 2015
Imprint: Springer
Language: English

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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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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