Cookies?
Library Header Image
LSE Research Online LSE Library Services

The limits of German power: how ECB decisions have put constraints on Berlin’s management of the crisis

Vermeiren, Mattias (2015) The limits of German power: how ECB decisions have put constraints on Berlin’s management of the crisis. LSE European Politics and Policy (EUROPP) Blog (08 Sep 2015). Website.

[img]
Preview
PDF
Download (110kB) | Preview

Abstract

The German government has been at the heart of the EU’s response to the Eurozone crisis, but key decisions made by the European Central Bank, notably the introduction of a large ‘quantitative easing’ program, have occurred despite German opposition. Mattias Vermeiren writes that these two developments are intricately linked, with Germany’s pursuit of creditors’ interests generating unintended ‘spillover’ effects that have pushed the ECB into particular monetary policy stances. As such, he argues that Germany has been far more constrained in its management of the crisis than is commonly recognised.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2017 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
J Political Science > JN Political institutions (Europe)
J Political Science > JZ International relations
Date Deposited: 27 Mar 2017 15:30
Last Modified: 21 Aug 2021 23:21
URI: http://eprints.lse.ac.uk/id/eprint/70995

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics