Journal of Scientific Papers


© CSR, 2008-2019
ISSN 2071-789X

91th percentile
Powered by  Scopus

Directory of Open Access Journals (DOAJ)

Strike Plagiarism

  • General Founder and Publisher:

    Centre of Sociological Research


  • Publishing Partners:

    University of Szczecin (Poland)

    Széchenyi István University, (Hungary)

    Mykolas Romeris University (Lithuania)

    Alexander Dubcek University of Trencín (Slovak Republic)

  • Membership:

    American Sociological Association

    European Sociological Association

    World Economics Association (WEA)




Interdisciplinary Analysis of Luhmann’s Sociological Theory on the Euro-Crisis

Vol. 8, No 2, 2015

Bodo Herzog,

Department of Economics,

ESB Business School, Reutlingen Research Institute (RRI),

Institute of Finance & Economics, Reutlingen University,

Reutlingen, Germany,


Interdisciplinary Analysis of Luhmann‘s Sociological Theory on the Euro-Crisis



ABSTRACT. This paper establishes a unique linkage between economic and sociological theories. I study the root causes of the euro crisis from both perspectives. I find that resolving the euro crisis requires economic and sociological insights, particularly in respect to the design of European institutions, rules, and regulations. I develop a new paradigm in attempt to tackle the euro crisis. This paper demonstrates the importance of an interdisciplinary dialogue and how this may safeguard the future of the Economic and Monetary Union.


Received: March, 2015

1st Revision: June, 2015 Accepted:  August, 2015


DOI:10.14254/2071- 789X.2015/8-2/8

JEL Classification: G12; E65; C58

Keywords: Euro-Crisis,       Luhmann’s      Social  Systems Theory, Economics.