Germanys Role In The Euro Crisis
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| Author | : Franz-Josef Meiers |
| Publisher | : Springer |
| Total Pages | : 153 |
| Release | : 2015-08-28 |
| Genre | : Political Science |
| ISBN | : 3319205145 |
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.
| Author | : Edward W. Bennett |
| Publisher | : Harvard University Press |
| Total Pages | : 364 |
| Release | : 1962 |
| Genre | : History |
| ISBN | : 9780674352506 |
Using documents only recently available, this pioneering book explores the interaction of German, British, French, and American policy at a time when the great depression and the growing political power of the Nazis had created a European crisis--the only such crisis between 1910 and 1941 in which the United States played a leading role. The author uses contemporary records to rectify the later accounts of such participants as Herbert Hoover, Julius Curtius, and Paul Schmidt. He describes the negotiations of the major powers arising out of the Austro-German plans for a customs union, and relates this problem to the question of terminating reparations and war debts. He shows how the Governor of the Bank of England directed British foreign policy into bitter opposition to France and how the German government sought to exploit the German private debt to Wall Street. Edward Bennett comes to the conclusion that the Br ning government, contrary to widely held opinion, received fully as much help as it deserved, while the Western powers were already showing the disunity and irresponsibility which proved so disastrous in later years. Although primarily a diplomatic history, this book also offers fresh information on pre-Hitler Germany, MacDonald's Britain, the Hoover administration, and the early career of Pierre Laval.
| Author | : Simon Bulmer |
| Publisher | : Bloomsbury Publishing |
| Total Pages | : 281 |
| Release | : 2018-11-08 |
| Genre | : Political Science |
| ISBN | : 1350311561 |
Winner of the UACES Best Book Prize 2020 The jury commented 'It is impossible to study or understand European integration without understanding Germany's role and place in this. This book is therefore a must-read'. This new textbook offers a path-breaking interpretation of the role of the European Union's most important member state: Germany. Analyzing Germany's domestic politics, European policy, relations with partners, and the resultant expressions of power within the EU, the text addresses such key questions as whether Germany is becoming Europe's hegemon, and if Berlin's European policy is being constrained by its internal politics. The authors – both leading scholars in the field – situate these questions in their historical context and bring the subject up to date by considering the centrality of Germany to the liberal order of the EU over the last turbulent decade in relation to events including the Eurozone crisis and the 2017 German federal election. This is the first comprehensive and accessible guide to a fascinating relationship that considers both the German impact on the EU and the EU's impact on Germany. This book is the ideal companion for undergraduate and postgraduate students who are studying the European Union or German Politics from the perspectives of disciplines as wide ranging as Politics, European Union Studies, Area Studies, Economics, Business and History. It is also an essential resource for all those studying or practicing EU policy-making and communication.
| Author | : Bernard Connolly |
| Publisher | : Faber & Faber |
| Total Pages | : 375 |
| Release | : 2013-01-15 |
| Genre | : Business & Economics |
| ISBN | : 0571301754 |
'The Brussels Commission has just suspended its senior economist, Bernard Connolly, for writing a book savaging the prospects for a common currency. There are many who now believe he should be lauded as a prophet.' Observer, Editorial, 1 October 1995'Mr. Connolly's longstanding proposition that the foisting of a common currency upon so many disparate nations would end in ruin is getting a much wider hearing...' New York Times, 17 November 2011When first published in 1995, The Rotten Heart of Europe caused outrage and delight - here was a Brussels insider, a senior EU economist, daring to talk openly about the likely pitfalls of European monetary union. Bernard Connolly lost his job at the Commission, but his book was greeted as a profound and persuasive expose of the would-be 'monetary masters of the world.' His brave act of defiance became headline news - and his book a major international bestseller. In a substantial new introduction, Connolly returns to his prophetic account of the double-talk surrounding the efforts of politicians, bankers and bureaucrats to force Europe into a crippling monetary straitjacket. Hidden agendas are laid bare, skulduggery exposed and economic fallacies are skewered, producing a horrifying conclusion. No one who wants to understand the workings of the EU, past, present and future can afford to miss this enthralling and deeply disturbing book.
| Author | : Charlotte Galpin |
| Publisher | : Palgrave Macmillan |
| Total Pages | : 259 |
| Release | : 2018-08-01 |
| Genre | : Political Science |
| ISBN | : 9783319846989 |
This book builds upon our knowledge of the far-reaching economic, political and social effects of the Euro crisis on the European Union by providing a unique study of European identities. In particular, it considers the impact on the construction of European identities in political and media discourse in Germany, Ireland and Poland—three countries with profoundly different experiences of the crisis and never before compared in a single study. Offering an original insight into the dynamics of identity change at moments of upheaval, the author argues that political and media actors in the early stages of the crisis drew on long-standing identities in order to make sense of the crisis in the public sphere. European identity discourses are thus resilient to change but become central to legitimising and contesting bailouts and further economic integration. As such, the author challenges the commonly held view that identities change dramatically at times of crisis but argues that this very resilience helps to understand the EU’s current divisions. The study of identity during the Euro crisis sheds important light on the prospects for European solidarity as well as on the future of the single currency as an identity-building project. The book will be of particular interest to students and scholars in the fields of EU politics, comparative European politics, and identity politics.
| Author | : Claudia Sternberg |
| Publisher | : Palgrave Pivot |
| Total Pages | : 0 |
| Release | : 2015-11-30 |
| Genre | : Political Science |
| ISBN | : 9781137547507 |
This book focuses on one of the most highly charged relationships of the Euro crisis, that between Greece and Germany, from 2009 to 2015. It explores the many ways in which Greeks and Germans represented and often insulted one another in the media, how their self-understanding shifted in the process, and how this in turn affected their respective appraisal of the EU and that which divides us or keeps us together as Europeans. These stories illustrate the book’s broader argument about mutual recognition, an idea and norm at the very heart of the European project. The book is constructed around a normative pivot. On one hand, the authors suggest that the tumultuous affair between the two peoples can be read as “mutual recognition lost” through a thousand cuts. On the other, they argue that the relationship has only bent rather than broken down, opening the potential for a renewed promise of mutual recognition and an ethos of “fair play” that may even re-source the EU as a whole. The book’s engaging story and original argument may appeal not only to experts of European politics and democracy, but also to interested or emotionally invested citizens, of whatever nationality.
| Author | : Jean Pisani-Ferry |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 225 |
| Release | : 2011 |
| Genre | : Business & Economics |
| ISBN | : 0199993335 |
The euro's life, while only slightly more than a decade long, has been riddled by a series of challenges and crises. The disparity between the prosperous Northern countries of Germany and France and the plummeting Southern countries, including Italy and Greece, has exacerbated problems withinthe political and economic union of the Eurozone. The North, especially Germany, has debated where to draw the line between doing whatever is necessary to save the common currency and what they have viewed as a charity bailout of countries who flouted the rules for a decade and suffered predictableconsequences. Meanwhile, Southern countries such as Italy, Spain, and Greece have grown increasingly bitter at the attitudes of their partners to the North. Amidst loud and frequent debates, solutions including routes for increased integration and punitive policies and reforms have been enacted anddiscarded to a limited degree of success. The struggles facing this monetary union continue to unfold even today.The Euro Crisis and Its Aftermath was written to inform readers about the history of this enduring European crisis and the alternative proposals for ending it. In four parts, Jean Pisani-Ferry explains the origins of the European currency, the build-up of imbalances and oversights that led to thecrisis, the choices European policymakers have both addressed and ignored since 2010, the evolution of the policy agenda, and possible options for the future. The book is as much of an informative and analytical history as it is a prescriptive solution for a more prosperous future world economy.Rather than putting forth and supporting a thesis, Pisani-Ferry helps readers understand the past and present of the euro crisis and form their own opinions about potential solutions. It has grown out of his book Le Reveil des Demons published in France in 2011. The content has been updatedextensively to cover the events of the past few years and augmented to better explain the Eurozone to a global audience. This book is not intended to reach only economists, as time has long passed since European monetary unification was a debate limited to academics. This book is also for the policymakers searching for solutions, citizens of Europe enduring the consequences, and the international community that has felt the effects of an unstable Eurozone.
| Author | : Hans Kundnani |
| Publisher | : |
| Total Pages | : 156 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0190245506 |
Since the Euro crisis began, Germany has emerged as Europe's dominant power. During the last three years, German Chancellor Angela Merkel has been compared with Bismarck and even Hitler in the European media. And yet few can deny that Germany today is very different from the stereotype of nineteenth- and twentieth-century history. After nearly seventy years of struggling with the Nazi past, Germans think that they more than anyone have learned its lessons. Above all, what the new Germany thinks it stands for is peace. Germany is unique in this combination of economic assertiveness and military abstinence. So what does it mean to have a "German Europe" in the twenty-first century? In The Paradox of German Power, Hans Kundnani explains how Germany got to where it is now and where it might go in future. He explores German national identity and foreign policy through a series of tensions in German thinking and action: between continuity and change, between "normality" and "abnormality," between economics and politics, and between Europe and the world.
| Author | : Douglas Webber |
| Publisher | : Red Globe Press |
| Total Pages | : 0 |
| Release | : 2018-12 |
| Genre | : Political Science |
| ISBN | : 1137529474 |
Observers of the European Union (EU) could be forgiven for thinking that it is in a state of permanent crisis. The Union has been beset with high levels of Eurozone debt, attempts to de-escalate armed conflict in Ukraine, integrating refugees fleeing conflict, and the consequences of Brexit. Most existing scholarship on the European Union is concerned with Europe's increasing political integration. This book offers instead a concise assessment of the dynamics, character and consequences of these four crises for a Europe on the brink of distintegration. While Germany has long been the EU's stabilizing force, this is no longer guaranteed. The fate of the integration process will depend on whether more inclusive forms of stabilizing leadership emerge to fill the vacuum created by Berlin's incapacity. In a time of great uncertainty in European politics, this text provides a clear guide to the future of one of the most critical political players today. This text is the ideal companion for students of the EU on politics, international relations or European studies degrees, or for anyone interested in the possibility of European disintegration.
| Author | : Ivan Berend |
| Publisher | : Routledge |
| Total Pages | : 186 |
| Release | : 2012-11-12 |
| Genre | : Business & Economics |
| ISBN | : 1136193340 |
This book analyzes the European Great Recession of 2008-12, its economic and social causes, its historical roots, and the policies adopted by the European Union to find a way out of it. It contains explicit debates with several economists and analysts on some of the most controversial questions about the causes of the crisis and the policies applied by the European Union. It presents the cases of Iceland, Greece and Ireland, the countries that first declined into crisis in Europe, each of them in a different way. Iceland is a case study for reckless banking practices, Greece of reckless public spending, and Ireland of reckless household indebtedness. At least seven other countries, mostly from the peripheries of Europe, had similarly reckless banking and spending practices. In the center of the book are the economic and social causes of the crisis. Contemporary advanced capitalism became financialized, de-industrialized and globalized and got rid of the "straitjacket" of regulations. Solid banking was replaced by high-risk, "casino-type" activity. The European common currency also had a structural problem — monetary unification without a federal state and fiscal unification. The other side of the same coin is European hyper-consumerism. A new lifestyle emerged during two super-prosperous periods in the 1950s to 1960s, and during the 1990s to 2006. Trying to find an exit policy, the European Union turned to strict austerity measures to curb the budget deficit and indebtedness. This book critically analyzes the debate around austerity policy. The creation of important supra-national institutions, and of a financial supervisory authority and stability mechanisms, strengthens integration. The correction of the euro’s structural mistake by creating a quasi-fiscal unification is even more important. The introduction of mandatory fiscal rules and their supervision promises a long-term solution for a well-functioning common currency. These measures, meanwhile, create a two-tier European Union with a fast-track core. This book suggests that the European Union will emerge stronger from the crisis. This book will be of particular interest to students and researchers of economics, history, political science and international finance, but will also prove profitable reading for practitioners and the interested public.
