Continuity despite crises
Germany’s euro policy in the light of the pandemic, war and inflation
Bibliographic Data
| ID | 7880225 |
|---|---|
| Authors | Magnus G Schoeller (0000-0002-5826-0900, University of Vienna, corresponding author), Sebastian Heidebrecht (0000-0002-9738-4471, University of Vienna) |
| Year | 2024 |
| Volume | 31 |
| Issue | 9 |
| Pages | 2509-2533 |
| Publication date | 2024-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of European Public Policy (JOURNAL) |
| Journal identifiers | ISSN: 1350-1763 • E-ISSN: 1466-4429 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13501763.2023.2218883 |
| OpenAlex | W4378904503 |
| Language | EN |
| Citations received | 7 |
| References cited | 52 |
After a decade of reforming and stabilising the Economic and Monetary Union (EMU), it has been put to a triple test: the COVID-19 pandemic, the war in Ukraine, and the return of inflation have posed serious challenges to the eurozone that call for policy responses. Against the background of recent advances in European integration theory, we assess whether and how these challenges have led to a change in the EMU policy of the eurozone's most powerful member, Germany. We conceptualise three ideal-typical policy options for Germany to deal with EMU's challenges and we search for traces of policy learning from past eurozone crisis management. On the basis of semi-structured interviews with German political elites, we cannot identify any significant change in Germany's EMU policy. We conclude that the unwavering continuity of Germany's euro policy makes further substantial integration in EMU unlikely
Economic and monetary union · Economic policy · Economics · European debt crisis · European integration · European union · German · Inflation (cosmology · International economics · Keynesian economics · Monetary policy · European Union Policy and Governance · Political Influence and Corporate Strategies · Social Policy and Reform Studies
The Road To Maastricht
The Euro and the Battle of Ideas
Policy change and learning
Veto Players
We’d rather pay than change the politics of German non-adjustment in the Eurozone crisis
The silent losers of Germany’s export surpluses. How current account imbalances are exacerbated by the misrepresentation of their domestic costs
Policy learning and policy change
Reflections on Werner Bonefeld's ‘Freedom and the Strong State
Nein to ‘Transfer Union’
Championing the ‘German model’? Germany’s consistent preferences on the integration of fiscal constraints
Economic and Monetary Union at twenty
EU economic governance and Covid-19
EMU’s asymmetries and asymmetries in German and French influence on EMU governance reforms
Correcting for the Eurozone Design Failures
Theorizing institutional change and governance in European responses to the Covid-19 pandemic
The next generation EU
Fleeing the centre
The Economics and Politics of the Euro Crisis
Germany and the Eurozone Crisis
Societal foundations of governmental preference formation in the Eurozone crisis
Crises and Responsiveness
Powerful rules governing the euro
Economic ideas, party politics, or material interests? Explaining Germany’s support for the EU corona recovery plan
Failing forward in Economic and Monetary Union
Introduction
How does fiscal austerity affect trust in the European Union? Analyzing the role of responsibility attribution
Germany as the European Union’s status quo power? Continuity and change in the shadow of the Covid-19 pandemic
The European Semester as Goldilocks
NextGenerationEU and the Future of the European Monetary Union
Policy Learning and European Integration
German Interests in European Monetary Integration
From Market Integration to Core State Powers
The Reluctant Hegemon? Germany Moves Centre Stage in the European Union
Change to Stay the Same? German European Preference Formation During the Covid-19 Crisis
The Politics of the Eurozone Crisis
State-building and the European Union
Failing Forward? The Euro Crisis and the Incomplete Nature of European Integration
Understanding the Political Economy of the Eurozone Crisis
A Panacea for all Times? The German Stability Culture as Strategic Political Resource
European Monetary Integration and the Incompatibility of National Varieties of Capitalism
A Revised Theory of Regional Integration
Acting in the Shadow of German Hegemony? The Role of Small States in the Economic and Monetary Union (Introduction to the Special Issue)
Systematising Policy Learning
Policy Paradigms, Social Learning, and the State
| Unique citing works | 7 |
|---|---|
| Citations per year | 2,33 |
| Citation span | 2023 - 2025 (3) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 7 |