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Accession Number ADA590034
Title Germany, the European Union, and the Euro: The Primacy of Politics in Treasure.
Publication Date Sep 2013
Media Count 99p
Personal Author D. C. Dean
Abstract The Federal Republic of Germany has arisen to take a leadership position in the Eurozone sovereign debt crisis. This quasi depression has highlighted the economic interdependence of the Eurozone member states and has exposed the fundamental weakness of the lack of a political union between members to coordinate a timely fiscal response. This thesis examines why the Federal Republic of Germany became the cornerstone for Eurozone monetary stability; how the country contributed and what it has sacrificed thus far towards the crisis; and surveys what Germany must do in the future to ensure European financial stability. Germany s current commitment to the continent is examined here through the treaties that economically linked the European nations and formed the foundation for the Eurozone. In addition, the weaknesses of periphery member states that contributed to the crisis and the substantial sovereign economic bailouts and recovery packages that have been enacted by the Troika are analyzed. The thesis then examines the three options that are available to the Eurozone: to continue to muddle through the crisis, to enact substantial reforms, or to splinter and break-up the Union. The results support the choice for greater political integration and the need for the issuance of Eurobonds.
Keywords Economics
European economy
European union
Eurozone sovereign debt crisis
Political science

Source Agency Non Paid ADAS
NTIS Subject Category 92 - Behavior & Society
96 - Business & Economics
Corporate Author Naval Postgraduate School, Monterey, CA.
Document Type Thesis
Title Note Master's thesis.
NTIS Issue Number 1409
Contract Number N/A

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