Patrick Kaczmarczyk

  • Permalink Gallery

    Coronabonds are a pragmatic response to a crisis – and are not about cross-EU transfers or solidarity

Coronabonds are a pragmatic response to a crisis – and are not about cross-EU transfers or solidarity

Common debt instruments created by the European Union, of which coronabonds are currently the most urgent and salient example, evoke in some countries the fear that the Eurozone may be heading towards a ‘transfer union’. Some advocates also misleadingly justify these innovations by an appeal to European ‘solidarity’. Yet, in practice, Michael Paetz and Patrick Kaczmarczyk argue that such […]

Print Friendly, PDF & Email
Share
  • Permalink Gallery

    Coronavirus crisis: There is no way back to business as usual in the EU

Coronavirus crisis: There is no way back to business as usual in the EU

What are the likely political and economic implications of the Covid-19 crisis for European states? Patrick Kaczmarczyk writes that the austerity measures imposed on Eurozone countries after the global financial crisis led to a surge of right wing and anti-EU parties across the continent. So far, these parties have gained strength, but have not yet come into power. If the […]

Print Friendly, PDF & Email
Share
  • Permalink Gallery

    A sputtering car goes into reverse: The German recession and its consequences

A sputtering car goes into reverse: The German recession and its consequences

Heiner Flassbeck and Patrick Kaczmarczyk write that amidst global political and economic fragility, the downturn in the Germany economy adds to the uncertainty in a world that, as Paul Krugman put it, has a “Germany problem”. It not only raises questions and doubts over the future of the largest European economy but, more importantly, over the future of the […]

Print Friendly, PDF & Email
Share

Germany’s non-rebalancing of its mercantilist model

In a recent blog article, Donato Di Carlo argued that Germany has ‘quietly rebalanced’ its economy since the Eurozone crisis began. Patrick Kaczmarczyk presents a different take on the topic, writing that when German policy is viewed from a more long-term perspective, there has been little in the way of meaningful rebalancing. He states that without necessary adjustments being […]

Print Friendly, PDF & Email
Share