‘As I Drifted on a River I Could Not Control’: The Unintended Ordoliberal Consequences of the Eurozone Crisis

  title={‘As I Drifted on a River I Could Not Control’: The Unintended Ordoliberal Consequences of the Eurozone Crisis},
  author={Peter Nedergaard and Holly Snaith},
  journal={ERN: Other European Economics: Political Economy \& Public Economics (Topic)},
  • P. Nedergaard, Holly Snaith
  • Published 1 September 2015
  • Political Science
  • ERN: Other European Economics: Political Economy & Public Economics (Topic)
Germany has a long history of institutionalized ordoliberalism. While these ideas may be implemented almost unreflexively within Germany, its status of ‘reluctant hegemon’ within the European Union has led to purposive uploading of many of these ideas to other Member States. In this article, we first define what these ordoliberal actions consist of, before tracing their evolution within Germany and the EU. Our intention is to detail how acting within ordoliberal tenets has led to some rather… 
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