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Challenging the Existing Understanding of Europeanisation in the Study of Germany, the Stability and Growth Pact and Policy Coordination

In: Fiscal Policy without a State in EMU?

Author

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  • Jani Kaarlejärvi

Abstract

The key focus of this politico-economic research has been directed to European fiscal policy coordination, the implementation of the Stability and Growth Pact in Germany and German national adjustments in EMU. The primary objective has been to examine how and to what extent the formation of the Stability and Growth Pact has affected the implementation of German national fiscal policy in EMU. Europeanisation has been a useful and applicable concept in examining the extent to which EU institutions have mattered and affected German national economic policy-making as well as national policy responses in the EMU era. This research has clearly demonstrated that German national economic policy-making and national policy responses have also had a major impact on the role and functioning of EU institutions: the two-way relationship between EU institutions and Member States has been significant in fiscal policy coordination.

Suggested Citation

  • Jani Kaarlejärvi, 2007. "Challenging the Existing Understanding of Europeanisation in the Study of Germany, the Stability and Growth Pact and Policy Coordination," Palgrave Macmillan Books, in: Fiscal Policy without a State in EMU?, chapter 7, pages 209-234, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59010-6_7
    DOI: 10.1057/9780230590106_7
    as

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