It takes the average reader and 15 minutes to read The Long Shadow of Ordoliberalism by Sebastian Dullien
Assuming a reading speed of 250 words per minute. Learn more
"Germany's approach to the euro crisis: why Berlin does not mind being unpopular. With the EU agreeing to a second Greek bail out, the spotlight is on the delicate balance between demands for fiscal rectitude and the argument that growth needs flexibility. Berlin thinks the only solution to the crisis is a German one, and that means fiscal rectitude above all else. It also has the power to enforce its will. January's agreement over the wording of a new treaty aimed primarily at tightening Eurozone fiscal policy shows that German positions rather than collective compromise wins the day. But with Germany being criticised for inflexibility over the role of the ECB, Eurobonds, austerity and treaty changes, why does Mrs Merkel take such a consistently hard line? A new ECFR paper by Sebastian Dullien and Ulrike Guerot -- 'The long shadow of ordoliberalism: Germany's approach to the euro crisis'--argues that: Germany's rigidity is not just about simple national interest and the psychological scars of Weimar-era hyperinflation. It is about a broadly-held belief in the foundations for economic success, as shown by German historical success -- Austerity is not just about teaching others a lesson: it is about building the foundations for sustainable economic growth (and Germans believe that this view is substantiated by their country's post-war and post-reunification experience). This is not up for negotiation -- Attacking excessive austerity and demanding a renegotiation of the new fiscal treaty will simply fall on deaf ears. Instead, a more promising strategy might be to demand pan-European growth and investment programmes with more spending and taxation power shifted towards the EU level"--Publisher's description.
The Long Shadow of Ordoliberalism by Sebastian Dullien is 15 pages long, and a total of 3,825 words.
This makes it 5% the length of the average book. It also has 5% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 20 minutes to read The Long Shadow of Ordoliberalism aloud.
The Long Shadow of Ordoliberalism is suitable for students ages 6 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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