"This book asks how Germany – a country long thought to be irrevocably European and committed to a more social market economy – could have emerged at the center of neoliberal restructuring in Europe."

This article argues that the lead role of West Germany in the transition from fixed to floating exchange rates sits uneasily with accounts that conceptualise the breakdown of Bretton Woods in terms of hegemonic power politics, the influence of global economic interests or a neoliberal paradigm...