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Strategies And Solutions Of Economic Difference Between The Franco-German After The European Sovereign Debt Crisis

Posted on:2017-03-22Degree:MasterType:Thesis
Country:ChinaCandidate:Z CaiFull Text:PDF
GTID:2359330485965054Subject:Political science
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After Word War II,the Word economy has suffered a great depression.The economy in France fell into trough and had been stagnant for a very long time while the economic in German had been completely destroyed.What's worse,there was no prosper future for the whole economic in Euro.To confront the word economic challenge and prosper the economic of the two states German and France,the two had joined together to develop their economic.The combination named the Axis of Franco-German which in the end promote the economic of the whole European.With the aid of France-German,the economic in Euro has recovered very well.After the breakout of European debt crisis,the France and German took different actions due to disagreements on economic.The mainly divergence relied on Economic growth model,fiscal policy of Monetary Union and European Economic Governance.The reason generated was the divergence on politic policy.France insisted on Economic stimulus policy and the enhancement of internal unity of European to confront the crisis finally formed a mode of Centralized economic while the German insisted on tighter fiscal policy.That's is to say,German strengthened the supervision of economic and adopted the structure of import and export.With the deepening debt crisis in European,France and German playing a great role in the whole European had to make a concession on divergence.Only in this way,the Axis of Franco-German can exhibit a greater role in promoting the economic even get rid of European debt crisis.
Keywords/Search Tags:the axis of Franco-German, European debt crisis, economic divergence, strategy
PDF Full Text Request
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