IDEAS home Printed from https://ideas.repec.org/p/erp/euirsc/p0396.html
   My bibliography  Save this paper

Explaining Political Leadership: Germany’s Role in Shaping the Fiscal Compact

Author

Listed:
  • Magnus G. Schoeller

Abstract

This paper explores the origins and the impact of political leadership: Why and how do political leaders emerge? And, once in charge, how do these leaders influence outcomes? What determines their success or failure? In order to answer these questions, the paper presents a theory of political leadership which takes into account both the structural and the behavioral aspects of the concept. More precisely, it argues that the emergence and the impact of leadership represent two different analytical steps. A leader emerges if there is a supply of and demand for leadership. While the supply depends on a leader’s expected benefits, the demand is determined by the followers’ status quo costs. Both demand and supply are also influenced by the relevant institutions’ capacity to manage situational challenges. The second step, in contrast, concerns a leader’s impact. Since leadership as a process consists in the use of strategies, there can be an impact only if the intensity of the strategies employed by the leader is greater than the intensity of the strategies required by the situational circumstances. While a leader’s capacity to employ strategies is determined by the material, institutional and ‘soft’ power resources at disposal, the intensity of strategies actually needed to influence outcomes depends on the heterogeneity of preferences and on the adaptability of the institutional setting to be changed. The theory is applied within the scope of the current Euro-crisis by conducting a qualitative analysis of Germany’s role in shaping the European Fiscal Compact. Although the empirical findings corroborate the theory, the case study reveals that further comparative research on political leadership is needed.

Suggested Citation

  • Magnus G. Schoeller, 2014. "Explaining Political Leadership: Germany’s Role in Shaping the Fiscal Compact," EUI-RSCAS Working Papers p0396, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
  • Handle: RePEc:erp:euirsc:p0396
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/1814/32191
    File Function: Full text
    Download Restriction: no

    File URL: http://cadmus.eui.eu/bitstream/handle/1814/32191/RSCAS%202014_82_Schoeller.pdf?sequence=1
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Guth, Werner & Levati, M. Vittoria & Sutter, Matthias & van der Heijden, Eline, 2007. "Leading by example with and without exclusion power in voluntary contribution experiments," Journal of Public Economics, Elsevier, vol. 91(5-6), pages 1023-1042, June.
    2. Rick K. Wilson & Carl M. Rhodes, 1997. "Leadership and Credibility in N-Person Coordination Games," Journal of Conflict Resolution, Peace Science Society (International), vol. 41(6), pages 767-791, December.
    3. El-Agraa,Ali M., 2011. "The European Union," Cambridge Books, Cambridge University Press, number 9781107400115, October.
    4. Mark A. Pollack, 2006. "Rational Choice and EU Politics," ARENA Working Papers 12, ARENA.
    5. Paul de Grauwe, 2013. "Design Failures in the Eurozone: Can they be fixed?," Europe in Question Discussion Paper Series of the London School of Economics (LEQs) 7, London School of Economics / European Institute.
    6. Hermalin, Benjamin E, 1998. "Toward an Economic Theory of Leadership: Leading by Example," American Economic Review, American Economic Association, vol. 88(5), pages 1188-1206, December.
    7. Ramon Pacheco Pardo, 2012. "Leadership, decision-making and governance in the European Union and East Asia: crisis and post-crisis," Asia Europe Journal, Springer, vol. 9(2), pages 73-76, March.
    8. El-Agraa,Ali M., 2011. "The European Union," Cambridge Books, Cambridge University Press, number 9781107007963, October.
    9. William E. Paterson, 2011. "The Reluctant Hegemon? Germany Moves Centre Stage in the European Union," Journal of Common Market Studies, Wiley Blackwell, vol. 49(Supplemen), pages 57-75, September.
    10. Ramon Pacheco Pardo, 2012. "Leadership, decision-making and governance in the EU and East Asia: crisis and post-crisis," Asia Europe Journal, Springer, vol. 9(2), pages 77-90, March.
    11. Mattli,Walter, 1999. "The Logic of Regional Integration," Cambridge Books, Cambridge University Press, number 9780521632270, October.
    12. Mattli,Walter, 1999. "The Logic of Regional Integration," Cambridge Books, Cambridge University Press, number 9780521635363, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mana Komai & Philip J. Grossman & Evelyne Benie, 2017. "Leadership and the effective choice of information regime," Theory and Decision, Springer, vol. 82(1), pages 117-129, January.
    2. Gürerk, Özgür & Irlenbusch, Bernd & Rockenbach, Bettina, 2009. "Motivating teammates: The leader's choice between positive and negative incentives," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 591-607, August.
    3. Andrés Malamud, 2013. "Overlapping Regionalism, No Integration: Conceptual Issues and the Latin American Experiences," RSCAS Working Papers 2013/20, European University Institute.
    4. Michael L. Anderson & Fangwen Lu, 2017. "Learning to Manage and Managing to Learn: The Effects of Student Leadership Service," Management Science, INFORMS, vol. 63(10), pages 3246-3261, October.
    5. Vinokurov, Evgeny, 2009. "Systema Indikatorov Evraziyskoy Integracii [The System of Indicators of Eurasian Integration]," MPRA Paper 20914, University Library of Munich, Germany.
    6. Nezaj, Novitet Xh., 2015. "The development of Kosovo and its relationship with the EU," Discussion Papers 4/15, Europa-Kolleg Hamburg, Institute for European Integration.
    7. Vinokurov, Evgeny, 2010. "The System of Indicators of Eurasian Integration," MPRA Paper 22227, University Library of Munich, Germany.
    8. Tanja A. Börzel, 2010. "The Transformative Power of Europe Reloaded - The Limits of External Europeanization," KFG Working Papers p0011, Free University Berlin.
    9. Hermann Sebastian Dehnen & Jan H. van Dinther & Norbert Koubek, 2013. "From emerging economies toward the Emerging Triad," Schumpeter Discussion Papers SDP13008, Universitätsbibliothek Wuppertal, University Library.
    10. Georgy Levit, 2015. "Can a hypothetical ‘innate proclivity to hierarchically structured political systems’ explain real authoritarian/totalitarian regimes?," Journal of Bioeconomics, Springer, vol. 17(1), pages 71-81, April.
    11. Emrah Arbak & Marie Claire Villeval, 2006. "Endogenous Leadership Selection and Influence," Post-Print halshs-00175479, HAL.
    12. Eichengreen, Barry, 2002. "Lessons of the Euro for the Rest of the World," Department of Economics, Working Paper Series qt16g425jb, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    13. Liesbet Hooghe & Gary Marks, 2015. "Delegation and pooling in international organizations," The Review of International Organizations, Springer, vol. 10(3), pages 305-328, September.
    14. Besir Ceka and Brian Burgo, 2014. "Discovering Cooperation: A Contractual Approach to Institutional Change in Regional International Organizations," EUI-RSCAS Working Papers p0388, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    15. Gregor Schwerhoff, 2013. "Leadership and International Climate Cooperation," Working Papers 2013.97, Fondazione Eni Enrico Mattei.
    16. Bown, Chad P. & Crowley, Meredith A., 2013. "Import protection, business cycles, and exchange rates: Evidence from the Great Recession," Journal of International Economics, Elsevier, vol. 90(1), pages 50-64.
    17. Emrah Arbak & Marie Claire Villeval, 2013. "Voluntary Leadership: Selection and Influence," Post-Print halshs-00664830, HAL.
    18. Serra Garcia, M. & van Damme, E.E.C. & Potters, J.J.M., 2010. "Which Words Bond? An Experiment on Signaling in a Public Good Game (replaced by TILEC DP 2011-055)," Other publications TiSEM 5ed24dc3-e6cf-4fa4-bace-2, Tilburg University, School of Economics and Management.
    19. Bruttel, Lisa & Fischbacher, Urs, 2013. "Taking the initiative. What characterizes leaders?," European Economic Review, Elsevier, vol. 64(C), pages 147-168.
    20. Bahbouhi, Jalal Eddine & Moussa, Najem, 2019. "A graph-based model for public goods with leaderships," Applied Mathematics and Computation, Elsevier, vol. 349(C), pages 53-61.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:erp:euirsc:p0396. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/rsiueit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valerio PAPPALARDO (email available below). General contact details of provider: https://edirc.repec.org/data/rsiueit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.