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2015 | 8 | nr 2 | 102--114
Tytuł artykułu

Interdisciplinary Analysis of Luhmann's Sociological Theory on the Euro-Crisis

Autorzy
Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper establishes a unique linkage between economic and sociological theories. I study the root causes of the euro crisis from both perspectives. I find that resolving the euro crisis requires economic and sociological insights, particularly in respect to the design of European institutions, rules, and regulations. I develop a new paradigm in attempt to tackle the euro crisis. This paper demonstrates the importance of an interdisciplinary dialogue and how this may safeguard the future of the Economic and Monetary Union. (original abstract)
Rocznik
Tom
8
Numer
Strony
102--114
Opis fizyczny
Twórcy
autor
  • ESB Business School, Reutlingen Research Institute (RRI); Reutlingen University, Reutlingen, Germany
Bibliografia
  • Alesina, A. and G. Tabellini (1987), Rules and Discretion with Noncoordinated Monetary and Fiscal Policies, Economic Inquiry, 25(4), pp. 619-30.
  • Arghyrou, M. G. and A. Kontonikas (2012), The EMU sovereign-debt crisis: Fundamentals, expectations and contagion, Journal of International Financial Markets, Institutions and Money, (22)4, pp. 658-677.
  • Beetsma, R. M. and A. L. Bovernberg (1999), Does Monetary Unification Lead to Excessive Debt Accumulation? Journal of Public Economics, 74(3), pp. 299-325.
  • Beetsma, R. M. and A. L. Bovernberg (2000), Designing Fiscal and Monetary Institutions for a Monetary Union, Public Choice, 102(3-4), pp. 247-69.
  • Beetsma, R. M. and A. L. Bovernberg (2003), Strategic Debt Accumulation in a Heterogeneous Monetary Union, European Journal of Political Economy, 19(1), pp. 1-15.
  • Beetsma, R. M. and H. Uhlig (1999), An Analysis of the Stability and Growth Pact, Economic Journal, 109(458), pp. 546-71.
  • Cochrane, J. H. (2014), Toward a Run-Free Financial System, in: Across the Great Divide: New Perspectives on the Financial Crisis, ed. J.B. Taylor and M.N. Baily, Chapter 10, pp. 196-249.
  • De Grauwe, P. & Y. Ji (2013), Self-fulfilling crises in the Eurozone: An empirical test, Journal of International Money and Finance, Vol. 34, pp. 15-36.
  • Dixit, A. & Lambertini, L. (2003), Symbiosis of Monetary and Fiscal Policies in a Monetary Union, Journal of International Economics, 60(2), pp. 235-47.
  • Escolano, J., L. Eyraud, M. Moreno Badia, J. Sarnes and A. Tuladhar (2012), Fiscal Performance, Institutional Design and Decentralization in European Union Countries, Working Paper No. 12/45, Washington, DC: International Monetary Fund.
  • EU-Commission (2014), A New Start for Europe: My Agenda for Jobs, Growth, Fairness and Democratic Change, Political Guidelines, ed. J-C. Junker, 15 July.
  • Geithner, T. (2014), Stress Test: Reflections on Financial Crises, May, Crown, US.
  • Hellwig, M. (2011), Quo vadis, Euroland? European Monetary Union between Crisis and Reform, Working Paper No. 12, Bonn: Max Planck Institute for Research on Collective Goods.
  • Herzog, B. (2012), The Euro Crisis And Its Implications, White Paper in Cooperation with DWS Investments, Frankfurt am Main: DWS Global Financial Institute.
  • Herzog, B. and Hengstermann, K. (2013), Restoring Credible Economic Governance to the Eurozone, Journal of Economic Affairs, Vol. 33, Issue 1, pp. 2-17.
  • Herzog, B. (2013), Whither European Economic Governance? International Journal of Business and Management, Vol. 9, No. 2, pp. 7-10.
  • Kant, I. (1787), Kritik der reinen Vernunft, neue Auflage 2009, Grin Verlag.
  • Lane, P. R. (2012), The European Sovereign Debt Crisis, Journal of Economic Perspectives, Vol. 26, No. 3, pp. 49-68.
  • Luhmann, N. (1998), Politics and Economy, Thesis Eleven, 53, pp. 1-9.
  • Luhmann, N. (1997), Globalization or World Society: How to Conceive of Modern Society? International Review of Sociology, 7, No. 1, pp. 67-79.
  • Luhmann, N. (1995), Social Systems, Transplated by J. Bednarz Jr. and D. Baecker, Stanford Universtiy Press.
  • Luhmann, N. (1988), Die Wirtschaft der Gesellschaft, Suhrkamp.
  • Luhmann, N. (1977), Differentiation of Society, Canadian Journal of Sociology, 2, pp. 29-53.
  • Luhmann, N. (1976), A General Theory of Organized Social Systems, European Contributions to Organization Theory, ed. G. Hofstede and M.S. Kassem, pp. 96-113.
  • Maturana, H. R. (1981), Autopoiesis, in Autopoiesis: A Theory of Living Organizations, ed. M. Zeleny, pp. 21-32. Moeller, H-G. (2006), Luhmann Explained, open court, Illinous.
  • Nordhaus, W. D. (1975), The Political Business Cycle, Review of Economic Studies, 42, pp. 169-90.
  • Sachverstandigenrat (2012), Jahresgutachten 2012/13. 10 November, Wiesbaden. http://www.sachverstaendigenrat-wirtschaft.de/fruehere_jahresgutachten.html
  • Weber, M. (1929), Wirtschaft und Gesellschaft, Voltmedia.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171391823

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