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Germany's Role in the Euro Crisis - Berlin's Quest for a More Perfect Monetary Union (Paperback, Softcover reprint of the original 1st ed. 2015)
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Germany's Role in the Euro Crisis - Berlin's Quest for a More Perfect Monetary Union (Paperback, Softcover reprint of the original 1st ed. 2015)
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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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