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El pretexto de la inflación. La política alemana de ajustes que privilegia al acreedor
[The pretext of inflation. The german policy of cuts prioritizing the creditor]

Author

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  • José Carlos de la Pola Zurita

Abstract

Bajo el subterfugio de la inflación y mediante una condicionalidad estricta como contrapartida por la prestación de asistencia financiera a la Europa periférica, Alemania intenta consolidar una política de austeridad que garantice la satisfacción de la deuda a la banca germana. Los recortes que impone Berlín, sin embargo, elevan el riesgo de recesión y recrudecen la fractura social entre el Norte y el Sur.

Suggested Citation

  • José Carlos de la Pola Zurita, 2012. "El pretexto de la inflación. La política alemana de ajustes que privilegia al acreedor [The pretext of inflation. The german policy of cuts prioritizing the creditor]," Papeles de Europa, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Estudios Internacionales (ICEI), vol. 25, pages 87-108.
    • Handle: RePEc:ucm:padeur:v:25:y:2012:p:87-108
    DOI: 10.5209/rev_PADE.2012.n25.41099
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    More about this item

    Keywords

    Alemania; Banco Central Europeo; Eurozona; España; Grecia; Austeridad.;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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