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March 18, 2021

What explains Germany’s conversion to common European Union debt?

Lucas Schramm In 2020 Germany promoted a bold European response to the corona crisis, involving common EU debt. This contrasts starkly with its position a decade before, when it favoured austerity over fiscal stimulus and debt pooling. Lucas Schramm and Amandine Crespy argue that the specific nature of the corona crisis reconfigured Germany’s national interests in Europe Read more
February 26, 2021

Why northern Europe is so indebted

Martino Comelli You might think the US would be world champion of household debt, yet the highest private indebtment has always been in the Nordic countries, where inclusive welfare makes debt into an investment. But debt takes on different forms, writes Martino Comelli, and gerontocratic welfare and consumer credit is a burden for those in other nations Read more

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Advancing Political Science
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