European Crises and Ordoliberalism
Journal: Deshima
Year: 2023

Ordoliberalism provides an economic framework with a strong emphasis on strict fiscal management and the state setting the optimal conditions under which the free market can reach its full potential. Ordoliberalism originated in Germany and played a role in its successful pre-war economic recovery. According to some scholars, ordoliberalism was an influential force in shaping the European institutions and regulations through the influence Germany has on EU policymaking. However, as such certain