This dissertation will discuss Angela Merkel’s Leadership style and ethics during the Euro crisis. It will also compare Angela Merkel’s leadership style to servant leadership style. It will also describe how servant leadership may or may not change the outcomes of the Euro crisis. In the closure of the dissertation, I will discuss my own leadership philosophy.
Angela Merkel
Angela Merkel is the Chancellor of Germany. Last fall, she was elected to her third term as chancellor of Germany, making her one of the only two European Union leaders that survived the economic crisis (The Guardian, 2013). Angela Merkel was named by Forbes in 2014 as the most powerful women in the world (Forbes, 2014). Angela Merkel’s leadership style
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In the closure of the dissertation, I will discuss my own leadership philosophy.
Angela Merkel
Angela Merkel is the Chancellor of Germany. Last fall, she was elected to her third term as chancellor of Germany, making her one of the only two European Union leaders that survived the economic crisis (The Guardian, 2013). Angela Merkel was named by Forbes in 2014 as the most powerful women in the world (Forbes, 2014). Angela Merkel’s leadership style is pragmatic and methodical (The Guardian, 2013). Anne Applebaum (2013) states “She reigns. She doesn’t tell people what to do, she doesn’t give orders, and she isn’t bossy or pushy. She doesn’t throw Germany’s weight around or make demands. She simply sets parameters, and then lets everybody else make ‘choices’ themselves.” Merkel’s leadership style is prudent, democratic, and modest. Merkel prefers discussion, deliberation and consensus (Zeeb, 2013). The Germans call her “Mutti” (mummy), because she understands what her country wants and makes sure her country gets it (Zeeb, 2013 & The Guardian, 2013). Angela Merkel is a no nonsense leader that is well respected.
Merkel and the Euro Debt Crisis
The European sovereign debt crisis started in 2008, with the collapse of Iceland's banking system, and spread primarily to Greece, Ireland and Portugal during 2009. The debt crisis led to a crisis of confidence for European
Responding to her achievement as a leader, her leadership have been able to have upcoming constitutional change, establish what she called DACA legislation, and assist in OER research. The upcoming constitutional change is to upgrade setting provision in the constitution to meet the present day situation for instant, the presidency cross and other sections in the
King Kamehameha, the warrior that slayed multiple chiefs to unify the islands is being compared to the sweet, old Angela Merkel, the Chancellor of Germany? Kamehameha and Merkel actually has many things in common believe it or not. Both leaders were effective leaders, they both took care of their people, and they both had a growth mindset to become a better person each day. Kamehameha loved his people and he took care of the war-torn lands when the battles for unification of the islands were over, and Merkel, helped to unify Germany. Kamehameha and Angela Merkel were both effective leaders because they both loved their people, and they both overcame their own challenges and obstacles to become on the top of their game.
Merkel had worked at Citizens Bank Minnesota in the Bookkeeping/Operations department for three years. She enjoyed working in the Bookkeeping department as I was working with numbers; I enjoyed the detailed work that I was doing. I wanted more responsibility and wanted to learn
The current open door policy in Germany is what incentivizes refugees to immigrate there. In my opinion, Merkel has done a great job in dealing with this immigration situation, these refugees deserve to have better lives and they can do so by moving to a stable country such as Germany, where the wages are higher and the welfare system is great. Many are against Merkel’s view on this situation and allowing refugees to settle in Germany. For one thing, they’re a huge asset to the labor force and bring a diverse demographic. Although there are many concerns about terrorism, many of these refugees are innocent people trying to evade the turmoil in their countries. I agree with Merkel’s current stance because it helps the German economy, and also
Angela Merkal also nicknamed “Mutti” meaning mother of the nation is serving her third term as a German Chancellor after September 2013 election. Only two post-war German leaders
Merkel was born in Hamburg, Germany to a Lutheran pastor father and a Latin and English teacher mother. After her birth, her family moved to communist East Germany, then known as the German Democratic Republic. In the same year Merkel’s family moved east, 20,000 other Germans fled west. It was her time under a communist regime where, “she gathered the qualities cultivated as a necessity in the East—patience, blandness, intellectual rigor and an inconspicuous but ferocious drive—and changed not only her life but the course of history” (Vick).
Angela Merkel Is a great world leader, through overcoming her way of thinking. By growing up in Former East Germany (Angela Merkel’s, 2015) before the wall fell under communist regime. Where she was being controlled in every aspect of life with harsh punishments if not followed to fullest extent; which I might include are not even imaginable by todays standards. "Unlike the common board game Monopoly, the communist Germany played "Bürokratopoly." (Leveille, 2014). This game is different to Monopoly for Monopoly is to get filthy rich, Bürokratopoly has a different tack. “Money has absolutely no role in this game because money in the GDR didn't play any role” (Leveille, 2014). GDR is dissidents in communist East Germany. "What was really important
Angela Merkel-She is the third most powerful pioneer on the planet today. She guided her nation through a retreat with boost bundles and appropriations for organizations that cut hours for specialists. She has been the Chancellor of Germany since
The 21st century has experienced an immense growth in the interest for studying leadership (Hunter et al., 2007). Many women are taking the leadership role today and are excelling at it. President Ellen Johnson-Sirleaf is definitely a leader in this 21st century and she is showing the world her leadership qualities by continuing to deliver on her promises to Liberia by; modelling a new approach to corruption, making women and children a priority, working towards making Liberia economically viable and not forgetting her strong stance on policy and ethical practices. Hughes et al. (2012) stated that there is no simple recipe for effective leadership and with that being said women in leadership roles is becoming more important because they incorporate
As The Economist (September 28th 2013) says, Angela Merkel won a landslide victory and became the chancellor of Germany for the third time. The crisis gave us a hard time and most big European countries dumped their leaders during this period. However, Angela Merkel again proved to be a leader that most people follow and admire. Is it purely because she does things right for her people? Or does it rather spark from her personality, including her behavioral, communication skills or influential authority? This paper will elaborate ideas on what makes Germany’s chancellor such a powerful leader and by using psychological theories it will lead the reader to defining the leadership style Ms. Merkel exercises.
One cannot understand the Greek Financial Crises and the general European Financial Crises without understanding the history of the European Union, the creation of the euro, and the Eurozone. The countries involved in the European Financial Crises were Spain, Portugal, Iceland, Ireland and Greece. The Maastricht Treaty created the European Union in 1993. The treaty gave citizenship to all people living in the 28 member countries. This treaty led to the creation of the Euro. In order to join the Eurozone, each member country must maintain sound fiscal policies. Essentially, each country must limit national debt to 60% of gross domestic product and limit annual budget deficits to a maximum of 3% of GDP. The main reason for the greater European Financial Crises and Greece 's crises was the country 's violated the treaty restrictions. Spain, Portugal, Iceland, Ireland and Greece were unable to maintain spending within these limits. Additionally, the European Union has a monetary union but does not have a fiscal union. Each member country maintains its own independent tax and spending policies. The absence of a common fiscal tax for every member country in the EU is the reason for the current crises.
The Eurozone faced competition among actors regarding who can explain the reasons behind the emergence of the crises and the best way to resolve the challenges facing them (Apak and Atay 2012: 561). Germany is always on the center stage in the Eurozone crisis due to its economy strength and Chancellor Angela Merkel’s ability to negotiate the response to the crisis (Apak and Atay 2012: 562). According to Apak and Atay (2012), Merkel worked to promote the budgetary rigor and austerity, hence portrays the overwhelming national debt as the cause of the crisis. Merkel also disputes the structural weaknesses or imbalances in the Euro area as a cause of the crisis as asserted by Feldstein (2010). Her aim is to dominate the narrative of the
The Debt Crisis was the result of the euro currency failing in the Euro-Zone members of Greece, Spain, Ireland, Portugal, and Italy. This outcome came to fruition by these five members in the Euro-Zone abusing their fiscal policies. These fiscal policies controlled how much a government
The global financial crisis which began in 2007-2008 in the USA had a negative effect on the economy of the European Union, mainly in the Euro area. The falling budget revenues during the recession were coupled with an increase in public expenditure resulting from the implementation of anti-crisis programs, which led to an increase in the budget deficit and public debt. Anti-crisis packages have been used to the greatest extent in countries such as United Kingdom, Germany, France, Austria, Denmark, Sweden, Belgium, and also in Spain, while the countries that have proven to be the weakest links in the Euro area, i.e., Greece, Ireland, and Portugal, almost did not use them at all (Owsiak 2011, pp. 71-75, Mering 2011, pp.209-215). As a result, they began seeking higher yields to compensate for the higher risk of default. This led to higher interest rates for troubled governments.
From late 2009, fears of a sovereign debt crisis developed among investors concerning some European states, intensifying in early 2010. This included eurozone members Greece, Ireland, Italy, Spain and Portugal, and also some non-eurozone European Union (EU) countries. Iceland, the country which experienced the largest financial crisis in 2008 when its entire international banking system collapsed, has emerged less affected by the sovereign debt crisis. In the EU, especially in countries where sovereign debts have increased sharply