Germany: Europe’s China

The paper analyses Germany’s ascent not only as Europe’s most important economic power, but also as its leader. Figures show that Germany overcame the crisis; in fact the crisis legitimized its development model. Which would be Germany’s main strategic choices, confirmed by the historic evolution...

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Main Authors: Paul Dobrescu, Mălina Ciocea
Format: Article
Language:English
Published: European Institute of Romania 2013-06-01
Series:Romanian Journal of European Affairs
Subjects:
Online Access:https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2013_vol13_no2_art4_0.pdf
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author Paul Dobrescu
Mălina Ciocea
author_facet Paul Dobrescu
Mălina Ciocea
author_sort Paul Dobrescu
collection DOAJ
description The paper analyses Germany’s ascent not only as Europe’s most important economic power, but also as its leader. Figures show that Germany overcame the crisis; in fact the crisis legitimized its development model. Which would be Germany’s main strategic choices, confirmed by the historic evolution of the recent years? First, its option for manufacturing, which allowed Germany to turn into Europe’s factory. Second, the option for reform. “Agenda 2010”, initiated by Gerhard Schroeder in 2003, is a crucial moment in the country’s evolution. Special attention is paid to Germany’s position on the single currency. Germany’s performance is that it managed to turn the euro into a kind of European Dmark. The euro now formally “obeys” German rules, agreed upon from the very beginning, and is mainly coupled to the evolution of German economy. Germany is now sitting its most important exam: the European one. Today, Germany is Europe’s most powerful state, but it must become its leader, whose development model would be accepted throughout the continent. Some German economic options are strikingly similar to China’s.
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institution Kabale University
issn 1582-8271
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language English
publishDate 2013-06-01
publisher European Institute of Romania
record_format Article
series Romanian Journal of European Affairs
spelling doaj-art-e9f5fe5886b84d6ba0a83dc1a5ea13d42025-08-20T03:32:16ZengEuropean Institute of RomaniaRomanian Journal of European Affairs1582-82711841-42732013-06-011324966Germany: Europe’s ChinaPaul Dobrescu0Mălina Ciocea1Professor at the National University of Political Studies and Public AdministrationSenior Lecturer, is a member of the Center for Research in Communication, Laboratory Communication, Discourse, Public Issues, National University of Political Studies and Political Administration The paper analyses Germany’s ascent not only as Europe’s most important economic power, but also as its leader. Figures show that Germany overcame the crisis; in fact the crisis legitimized its development model. Which would be Germany’s main strategic choices, confirmed by the historic evolution of the recent years? First, its option for manufacturing, which allowed Germany to turn into Europe’s factory. Second, the option for reform. “Agenda 2010”, initiated by Gerhard Schroeder in 2003, is a crucial moment in the country’s evolution. Special attention is paid to Germany’s position on the single currency. Germany’s performance is that it managed to turn the euro into a kind of European Dmark. The euro now formally “obeys” German rules, agreed upon from the very beginning, and is mainly coupled to the evolution of German economy. Germany is now sitting its most important exam: the European one. Today, Germany is Europe’s most powerful state, but it must become its leader, whose development model would be accepted throughout the continent. Some German economic options are strikingly similar to China’s. https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2013_vol13_no2_art4_0.pdfdevelopment modelfederal vs. national approachgerman reformdominant/hegemonic powerstrategic optionseuro crisis
spellingShingle Paul Dobrescu
Mălina Ciocea
Germany: Europe’s China
Romanian Journal of European Affairs
development model
federal vs. national approach
german reform
dominant/hegemonic power
strategic options
euro crisis
title Germany: Europe’s China
title_full Germany: Europe’s China
title_fullStr Germany: Europe’s China
title_full_unstemmed Germany: Europe’s China
title_short Germany: Europe’s China
title_sort germany europe s china
topic development model
federal vs. national approach
german reform
dominant/hegemonic power
strategic options
euro crisis
url https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2013_vol13_no2_art4_0.pdf
work_keys_str_mv AT pauldobrescu germanyeuropeschina
AT malinaciocea germanyeuropeschina