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2015•Unpublished venueRequires access

Austerity Politics in the EU:What is Germany's Impact on current Austerity politics in Europe?

A.M. Schwaderlapp

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Abstract

“The experiment – German designed, German engineered and German exported – with austerity has failed.” These are strong words of the journalist Larry Elliott published in The Guardian in last October. Besides the fact that not everyone within the eurozone actually is of the opinion that austerity – the current savings programs of European states in crisis - really failed and on the contrary estimates it as the only measure to get out of the crisis, by reading his statement, one might gain the impression that Germany alone is to blame for current Austerity measures prevailing in the European Monetary Union (EMU), which already caused a lot of protest especially within the southern European countries The main research question thus reads as follows: What is Germany’s impact on current austerity politics in Europe?

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What this paper is about

“The experiment – German designed, German engineered and German exported – with austerity has failed.” These are strong words of the journalist Larry Elliott published in The Guardian in last October. Besides the fact that not everyone within the eurozone actually is of the opinion that austerity – the current savings programs of European states in crisis - really failed and on the contrary estimates it as the only measure to get out of the crisis, by reading his statement, one might gain the impression that Germany alone is to blame for current Austerity measures prevailing in the European Monetary Union (EMU), which already caused a lot of protest especially within the southern European countries The main research question thus reads as follows: What is Germany’s impact on current austerity politics in Europe?

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Available abstract

“The experiment – German designed, German engineered and German exported – with austerity has failed.” These are strong words of the journalist Larry Elliott published in The Guardian in last October. Besides the fact that not everyone within the eurozone actually is of the opinion that austerity – the current savings programs of European states in crisis - really failed and on the contrary estimates it as the only measure to get out of the crisis, by reading his statement, one might gain the impression that Germany alone is to blame for current Austerity measures prevailing in the European Monetary Union (EMU), which already caused a lot of protest especially within the southern European countries The main research question thus reads as follows: What is Germany’s impact on current austerity politics in Europe?

Key concepts: Austerity, Politics, German, Political science, Blame, European union, Political economy, Economic policy

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