Titel
Continuity despite crises: Germany’s euro policy in the light of the pandemic, war and inflation
Autor*in
Abstract
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.
Stichwort
Economic and Monetary UnionGermanyeurozoneEuropean Union
Objekt-Typ
Sprache
Englisch [eng]
Persistent identifier
phaidra.univie.ac.at/o:2023762
Erschienen in
Titel
Journal of European Public Policy
ISSN
1350-1763
Erscheinungsdatum
2023
Seitenanfang
1
Seitenende
25
Publication
Informa UK Limited
Fördergeber
Erscheinungsdatum
2023
Zugänglichkeit
Rechte
Rechteangabe
© 2023 The Author(s)
Universität Wien | Universitätsring 1 | 1010 Wien | T
+43-1-4277-0