Titlebook: Germany’s Role in the Euro Crisis; Berlin’s Quest for a Franz-Josef Meiers Book 2015 Springer International Publishing Switzerland 2015 Aus

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,Neoclassical Explanations of Money?Price,et economy, price stability enforced by an independent central bank, and an enduring commitment to fiscal probity by national governments the Alpha and Omega of German economic policy. This specific German economic concept developed to meet the post-war challenges of the German economy has shaped, t

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Truths, Truths and Treating People Properly,te to the chronic, from the periphery to the centre. Of central concern is the persistent stagnation of the euro area economy, particularly in France and Italy, the rising deflationary pressure as a result of prolonged weakness of aggregate demand within the currency zone, and the snap election in G

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https://doi.org/10.1007/978-94-010-1999-6and internal devaluation leaves the central question unanswered: how can governments deleverage from high private and public debts without driving their economies back into a far bigger slump and falling into a deflation trap? The Berlin Republic has established itself as Europe’s economic powerhous

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Whose Religion, Which Secular?,nal constraints imposed by a deep-seated culture of stability and crucial domestic veto players is the true challenge for Chancellor Merkel’s analytical step-by-step policy approach. Instead of pursuing self-centred and self-interested national policy, the Merkel government needs to explain to domes

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,Introduction: Europe’s Powerhouse, First, did Germany’s strategy of expansionary fiscal contraction and internal devaluation address the root causes of the euro crisis? Second, has the Berlin Republic as Europe’s undisputed economic and political powerhouse yielded to the temptation of an imperial power? Lastly, does the euro crisis

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,“Made in Germany”: Categorical Imperatives of Ordoliberalism,et economy, price stability enforced by an independent central bank, and an enduring commitment to fiscal probity by national governments the Alpha and Omega of German economic policy. This specific German economic concept developed to meet the post-war challenges of the German economy has shaped, t

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,Teetering at the Edge of the Precipice: Merkel’s Politics of Small Steps, 2009–2013,0, to be followed by a reactive step-by-step engagement marked by Berlin’s insistence of a quid pro quo of solidity in return for solidarity, Merkel’s acquiescence to the ECB’s OMT program and the German design of a more perfect monetary union. Merkel’s politics of small steps prevented a collapse o

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,Germany’s Role in the Euro Crisis Management,and internal devaluation leaves the central question unanswered: how can governments deleverage from high private and public debts without driving their economies back into a far bigger slump and falling into a deflation trap? The Berlin Republic has established itself as Europe’s economic powerhous