Germany and the European and Global Crises
AbstractBeginning with the current global and European imbalances and crises and 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 World War II and that the external constraint may be regarded as appropriately designed for internal discipline and efficiency in a self-reinforcing process.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal International Journal of Political Economy.
Volume (Year): 39 (2010)
Issue (Month): 4 (January)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=110909
European Monetary Union; financial crisis; Germany; neomercantilism;
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