Titelaufnahme

Titel
International monetary regimes and the German model / Fritz W. Scharpf
VerfasserScharpf, Fritz W.
ErschienenKöln : Max-Planck-Institut für Gesellschaftsforschung, February 2018
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (iv, 93 Seiten) : Diagramme
Anmerkung
Zusammenfassung in deutscher und englischer Sprache
SerieMPIfG discussion paper ; 18/1
URNurn:nbn:de:hbz:5:2-150399 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
International monetary regimes and the German model [3.6 mb]
Links
Nachweis
Verfügbarkeit In meiner Bibliothek
Zusammenfassung

The end of the Bretton Woods regime and the fall of the Iron Curtain deepened the export orientation of the German model of the economy. Only after entry into the Monetary Union, however, did rising exports turn into a persistent export-import gap that became a problem for other eurozone economies. This Discussion Paper shows why the present asymmetric euro regime will not be able to enforce their structural transformation on the German model. Neither will German governments be able to respond to demands that would bring the performance of the German economy closer to eurozone averages. Instead, it is more likely that present initiatives for financial and fiscal risk sharing will transform the Monetary Union into a transfer union.