The Eurozone crisis has opened fault lines between German economists and policymakers and those in a number of Eurozone (in particular periphery) countries.
Professor Beck said ordoliberalism has played a significant part in framing economic policy debates in Germany and, indirectly, the European Union.
“It emphasises principles and rules, stressing a long-term orientation. For the German economy, this approach has proven mostly successful. In this ebook, leading policymakers and academics decide whether this distinct approach to policymaking is uniquely suited to Germany, or whether common ground can be found with other national strategies to address urgent policy problems.”
