International Economics and Economic Policy · 2011 · 28 citations · 4 references
Social SciencesLeadershipPolitical ScienceCross-cultural LeadershipCulturePolitical SociologyEuropean IntegrationEuropean PoliticsEuropean SocietiesEuropean Union StudiesLeadership Across CulturesLeadership StylesComparative European PoliticsComparative Political CultureEuro Area GovernanceEuropean Monetary IntegrationLeadership During Economic CrisesLeadership During Political CrisesPolitical Leadership In CrisesPolitical Leadership Styles
In this paper, we argue that the severity of the 2010 euro crisis was caused by and reveals differences in leadership styles and political culture between European countries, especially between France and Germany. We trace these differences to differences in underlying values: culture. There is a historic pattern, visible especially during the European integration process. Cultural differences explain differences in attitude towards leadership and IMF involvement, lead to a stand-off and, thereby, dramatically increase the uncertainty about the commitment of the eurozone and the EU towards Greece.
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