The Geopolitics of European Austerity: "Ordnungspolitik" and the German Economic Model’s Shadow over the Eurozone Crisis

  • John Agnew University of California Los Angeles
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Keywords: policy paradigm, austerity, Eurozone, Ordnungspolitik, Germany

Abstract

Over the past five years two stories about the Eurozone crisis have dominated popular and academic accounts: (1) virtuous northern countries versus profligate southern ones and (2) a simple extension of the 2008-9 banking crisis into the Eurozone bond market. This paper proposes that the economic crisis is really a geopolitical one reflecting the mismatch between the normative model for the Eurozone based on German ideology and the reality of the Eurozone’s economic heterogeneity.

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Published
2015-11-30
How to Cite
Agnew, J. (2015). The Geopolitics of European Austerity: "Ordnungspolitik" and the German Economic Model’s Shadow over the Eurozone Crisis. Geopolítica(s). Revista de Estudios Sobre Espacio Y Poder, 6(2), 179-200. https://doi.org/10.5209/rev_GEOP.2015.v6.n2.49893
Section
Articles