Moving from the current global and European imbalances and crises, and from the consideration of the German reaction to them, the paper explores the political economy origins of the conservative German policy stance. It emerges that an export-oriented economy was a deliberate decision of the German elite after WW II and that the external constraint may be regarded as appropriately designed for internal discipline and efficiency (and vice-versa) in a self-reinforcing process. The conclusions illustrate some possible future scenarios for Europe.

Cesaratto, S., & Stirati, A. (2011). Germany in the European and Global Crises. INTERNATIONAL JOURNAL OF POLITICAL ECONOMY, 39(4), 56-86 [10.2753/IJP0891-1916390403].

Germany in the European and Global Crises

CESARATTO S.;
2011

Abstract

Moving from the current global and European imbalances and crises, and from the consideration of the German reaction to them, the paper explores the political economy origins of the conservative German policy stance. It emerges that an export-oriented economy was a deliberate decision of the German elite after WW II and that the external constraint may be regarded as appropriately designed for internal discipline and efficiency (and vice-versa) in a self-reinforcing process. The conclusions illustrate some possible future scenarios for Europe.
Cesaratto, S., & Stirati, A. (2011). Germany in the European and Global Crises. INTERNATIONAL JOURNAL OF POLITICAL ECONOMY, 39(4), 56-86 [10.2753/IJP0891-1916390403].
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11365/7763
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