A Brief Analysis of the Ordoliberal Impact on the Debt Crisis in Greece


Δημοσιευμένα: Dec 29, 2021
Stylianos Ioannis Tzagkarakis
Περίληψη

The last decade Greece has experienced a multidimensional crisis and its consequences are still evident. Several scholars have already analyzed the effects of the crisis and have provided useful outcomes, assessing its causes, policies and consequences. This study emphasizes on some factors that have not been thoroughly analyzed. Therefore, aspects of the impact of ordoliberal directions on the formulation of the debt crisis management policies in Greece as well as the social and economic implications are studied. The main objective is to examine the role of ordoliberalism at policy making and the economic and social implications through the brief analysis of quantitative (secondary) and qualitative (primary) data in order to produce empirically grounded policy proposals in order to effectively advance the goals set for Social Europe through the convergence of the European periphery.

Λεπτομέρειες άρθρου
  • Ενότητα
  • Articles
Λήψεις
Τα δεδομένα λήψης δεν είναι ακόμη διαθέσιμα.
Βιογραφικό Συγγραφέα
Stylianos Ioannis Tzagkarakis, Department of Political Science, University of Crete, Greece
Post-doctoral researcher, Department of Political Science, University of Crete, Greece
Αναφορές
Atkins, R. (2011). Germany and the Eurozone: Marked by a Miracle. Financial Times, 20 September.
Bartlett, W. & Prica, I. (2016). Interdependence between Core and Peripheries of the European Economy: Secular Stagnation and Growth in the Western Balkans. LEQS Paper No. 104/2016.
Berghahn, V. & Young, B. (2013). Reflections on Werner Bonefeld’s ‘Freedom and the strong state: On German ordoliberalism and the continuing importance of the ideas of Ordoliberalism to understand Germany’s (contested) role in resolving the Euro Zone crisis. New Political Economy, 18 (5), 768-778.
Bofinger, P. (2016). German Macroeconomics: The Long Shadow of Walter Eucken. VoxEU.org.
Bonefeld, W. (2012). Freedom and the strong state: On German ordoliberalism. New Political Economy, 17 (5), 633-656.
Crespy, A. & Menz, G. (2015). Introduction: The Pursuit of Social Europe in the Face of the European Crisis. In: Crespy, A. & Menz, G. (eds.), Social Policy and the Euro Crisis. Quo Vadis Social Europe? Basingstoke: Palgrave Macmillan.
Dullien, S. & Guérot, U. (2012). The long shadow of ordoliberalism: Germany’s approach to the Euro crisis. Policy Brief, February. London: European Council on Foreign Relations.
Dullien, S., Paetz, C., Watt, A. & Watzka, S. (2020). Proposal for a Reform of the EU’s Fiscal Rules and Economic Governance. Düsseldorf: Hans Bockler Stiftung.
European Commission (2017). Reflection Paper on the Social Dimension of Europe, Brussels: COM(2017) 206 of 26 April 2017.
European Council, European Commission and European Parliament (2017). European Pillar of Social Rights. Brussels: European Union Publication Office.
Falkner, G. (2010). European Union. In: Castles, F., Leibfried, S., Lewis, J., Obinger, H. & Pierson, P. (eds.), The Oxford Handbook of the Welfare State, Oxford: Oxford University Press, pp. 292–305.
Glaser, B. G. & Holton, J. (2004). Remodeling Grounded Theory. Forum: Qualitative Social Research 5, (2).
Höpner, M. (2014). Wie der Europäische Gerichtshof und die Kommission Liberalisierung durchsetzt: Befunde aus der MPIfG-Forschungsgruppe zur Politischen Ökonomie der europäischen Integration. MPIfG Discussion Paper 14/8. Köln: Max-Planck-Institut für Gesellschaftsforschung.
Howarth, D. & Loedel, P. (2003). The European Central Bank: The New European Leviathan? Basingstoke, UK: Palgrave Macmillan.
Kundnani, H. (2012). The Eurozone Will Pay a High Price for Germany’s Economic Narcissism. The Guardian, 6 January.
Kundnani, H. (2015). Neoliberalism and Ordoliberalism. Available at: https://hanskundnani.com/2015/02/14/neoliberalism-and-ordoliberalism/ (Accessed: 25/03/2021).
Lincoln, Y. S. & Guba, E. (1985). Naturalistic Inquiry. Beverly Hills: SAGE.
Majone, G. (2014). Rethinking the Union of Europe Post-Crisis: Has Integration Gone Too Far? Cambridge, UK: Cambridge University Press.
Moszynski, M. (2015). Ordoliberalism and the Macroeconomic Policy in the Face of the Euro Crisis. Equilibrium, 10 (4), 41-58.
Patomäki, H. (2013). The Great Eurozone Disaster. From Crisis to Global New Deal. Bloomsbury Publishing PLC.
Robson, C. (2010). Research of the real world. Athens: Gutenberg [in Greek].
Sally, R. (1996). Ordoliberalism and the social market: Classical political economy from Germany. New Political Economy, 1 (2), 233-257.
Seikel, D. & Truger, A. (2019). The blocked Completion of the European Monetray Union. Making the case for a pragmatic use of fiscal leeway. WSI Report, 52. Düsseldorf: Hans-Böckler-Stiftung, Wirtschafts- und Sozialwissenschaftliches Institut (WSI).
Stark, J. (2015). The historical and cultural differences that divide Europe’s union. Financial Times 11/02/2015, Available at: https://www.ft.com/content/e08ec622-ad28-11e4-a5c1-00144feab7de (Accessed: 25/03/2021).
Young, B. (2013). Neoliberalismus - Laissez-Faire – Ordoliberalismus. In: Wullweber, J., Behrends, M., and Graf, A. (eds.), Theorien der internationalen Politischen Ökonomie, Wiesbaden: VSA.
Τα περισσότερο διαβασμένα άρθρα του ίδιου συγγραφέα(s)