An impossible hegemony? Germany and the European Banking union

Author/s Giuseppe Montalbano
Publishing Year 2021 Issue 2021/48 Language Italian
Pages 20 P. 140-159 File size 135 KB
DOI 10.3280/XXI2021-048007
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This essay intends to off er an alternative interpretation of Germany’s role in the European crisis, based on a critical approach to international hegemony. Beyond the assumptions of the realist and liberal models, in fact, an analysis inspired by neo-Gramscian literature allows us to reset the problem of hegemony in analytically more complex and theoretically more productive terms, focusing on the socio-economic dimension of confl icts in the European arena. This critical approach will be used to give a new interpretation of the role of Germany in Europe, from the construction of the Emu to the Eurozone crisis. With reference to the latter, the construction of the Banking Union will be considered as a case study, since it represents an exemplary case of clash and mediation between confl icting hegemonic projects, responding to diff erent coalitions of social and political interests, and in which Germany and its economic elites play a major role in defi ning its institutional building and structural weaknesses.

Keywords: neo-Gramscian approach, German hegemony in Europe, Banking union in Europe, Eurozone crisis.

Giuseppe Montalbano, Un’egemonia impossibile? La Germania e l’Unione bancaria in Europa in "VENTUNESIMO SECOLO" 48/2021, pp 140-159, DOI: 10.3280/XXI2021-048007