Nedergaard and Snaith: Germany faces the unintended consequences – University of Copenhagen

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26 August 2015

Nedergaard and Snaith: Germany faces the unintended consequences

EU, GERMANY, CRISIS, INTEGRATION

Germany has been a key player in designing and maintaining the rules-based framework of the Eurozone and its predecessors. In a recent analysis Professor Nedergaard and Assistant Professor Snaith analyze how Germany faces increasing pressure to solve an unforeseen crisis.

The analysis by Nedergaard and Snaith ultimately conclude that, like the travellers in Rimbaud’s famous poem ‘The Drunken Boat’, Germany is increasingly akin to the protagonist who laments their experience, ‘As I drifted on a river I could not control, No longer guided by the bargemen’s ropes…’

Read a summary of the study by Nedergaard and Snaith here.