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This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that the crisis is not primarily a "sovereign debt crisis" but rather a (twin) banking and balance of payments crisis. Intra-area competitiveness and current account imbalances, and...
Persistent link: https://www.econbiz.de/10009533362
Persistent link: https://www.econbiz.de/10011416502
economic constitution for Europe in which several pillars supposedly aim at ensuring sound money in the Eurozone. The policies …German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what … the German government pushed during the Eurozone crisis have been informed by the ordoliberal tradition. In particular …
Persistent link: https://www.econbiz.de/10011280050
potentially all of Europe. The radical party Syriza was elected and austerity and the neoliberal agenda challenged. Suddenly it … seems as if there is an alternative. But what? The Eurozone is in a deep and prolonged crisis. It is now clear that monetary … union is a historic failure, beyond repair--and certainly not in the interests of Europe's working people. Building on the …
Persistent link: https://www.econbiz.de/10011333732
economic constitution for Europe in which several pillars supposedly aim at ensuring sound money in the Eurozone. The policies …German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what … the German government pushed during the Eurozone crisis have been informed by the ordoliberal tradition. In particular …
Persistent link: https://www.econbiz.de/10010528303
is very vulnerable to the enormous wreckage and unnecessary hardship German-style policies are causing across Europe. The …
Persistent link: https://www.econbiz.de/10009757118
Persistent link: https://www.econbiz.de/10011476003
This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that the crisis is not primarily a “sovereign debt crisis” but rather a (twin) banking and balance of payments crisis. Intra-area competitiveness and current account imbalances,...
Persistent link: https://www.econbiz.de/10013106538
-on-quarter GDP growth substantially, both in Germany and in the rest of the Euro Area. The main drivers of GDP growth in Europe …
Persistent link: https://www.econbiz.de/10012988698
is very vulnerable to the enormous wreckage and unnecessary hardship German-style policies are causing across Europe. The …
Persistent link: https://www.econbiz.de/10013079914