A blog on the political, economic and social causes and implications of the crisis in the Southern periphery of the Eurozone.
I'm a political scientist working on political parties and elections, social and economic policy and political corruption, with a particular focus on Italy and Spain. For more details on my work, see CV here, and LSE homepage here. For media or consultancy enquiries, please email J.R.Hopkin@lse.ac.uk.
Tuesday, March 13, 2012
Inside the German mind
In case you're completely flummoxed as to why Germany insists on the self-defeating austerity policy, and have read too much Paul Krugman, you should really check out this great policy brief from the European Council for Foreign Relations - it explains the German economic policy paradigm and its roots in the tradition of ordoliberalism.
The conclusion: don't expect the Germans to give way on this. You have been warned.
Posted by Jonathan Hopkin at 7:18 AM