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Author: Horst Siebert
Publisher: Princeton University Press
ISBN: 1400851653
Category : Business & Economics
Languages : en
Pages : 416
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Book Description
In this book, one of Germany's most influential economists describes his country's economy, the largest in the European Union and the third largest in the world, and analyzes its weaknesses: poor GDP growth performance, high unemployment due to a malfunctioning labor market, and an unsustainable social security system. Horst Siebert spells out the reforms necessary to overcome these shortcomings. Taking a broader view than other recent books on the German economy, he considers Germany's fiscal policy stance, product market regulation, capital market, environmental policy, aging and immigration policies, and its system for human capital formation as well as Germany's role in the European Union, including the euro zone. Germany's system of economic governance emerges as a common theme as Siebert examines why this onetime economic powerhouse is today a faltering giant. He argues that what Germany needs, above all, is a market renaissance; that it must throw off the shackles of its social welfare economy and of its hallmark consensus approach, whereby group-based cooperative decision-making has undermined competition and markets. In doing so he examines both the country's social security system and its labor market, including trade unions. His focus throughout is on Germany's present concerns, foreseeable future problems, and long-term policy issues. The definitive word on the postwar German economy to the present day, The German Economy is essential reading for economists and finance professionals as well as students, researchers, and others interested in modern-day Germany and its place and prospects at the heart of Europe.
Author: Horst Siebert
Publisher: Princeton University Press
ISBN: 1400851653
Category : Business & Economics
Languages : en
Pages : 416
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Book Description
In this book, one of Germany's most influential economists describes his country's economy, the largest in the European Union and the third largest in the world, and analyzes its weaknesses: poor GDP growth performance, high unemployment due to a malfunctioning labor market, and an unsustainable social security system. Horst Siebert spells out the reforms necessary to overcome these shortcomings. Taking a broader view than other recent books on the German economy, he considers Germany's fiscal policy stance, product market regulation, capital market, environmental policy, aging and immigration policies, and its system for human capital formation as well as Germany's role in the European Union, including the euro zone. Germany's system of economic governance emerges as a common theme as Siebert examines why this onetime economic powerhouse is today a faltering giant. He argues that what Germany needs, above all, is a market renaissance; that it must throw off the shackles of its social welfare economy and of its hallmark consensus approach, whereby group-based cooperative decision-making has undermined competition and markets. In doing so he examines both the country's social security system and its labor market, including trade unions. His focus throughout is on Germany's present concerns, foreseeable future problems, and long-term policy issues. The definitive word on the postwar German economy to the present day, The German Economy is essential reading for economists and finance professionals as well as students, researchers, and others interested in modern-day Germany and its place and prospects at the heart of Europe.
Author: Hans-Joachim Braun
Publisher: Routledge
ISBN: 1136836446
Category : Business & Economics
Languages : en
Pages : 206
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Book Description
First published in 1990, this book traces the logic and the peculiarities of German economic development through the Weimar Republic, Third Reich and Federal Republic. Providing a comprehensive analysis of the period. The book also assesses controversial issues, such as the origins of the Great Depression, the primacy of politics or economics in the decision to invade Poland and the future risks to the Weltmeister economy of the Federal Republic oppressed by unemployment, the huge debts of some of its trading partners, and the possibility of worldwide protectionism.
Author: Hartmut Berghoff
Publisher: Cambridge University Press
ISBN: 1107030137
Category : Business & Economics
Languages : en
Pages : 261
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Book Description
The contributors to this volume consider the economic history of East Germany within its broader political, cultural and social contexts.
Author: Michael Albert
Publisher: John Wiley & Sons
ISBN: 1870332547
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
Communism has collapsed. Capitalism has rid itself of the competition on which it thrives. But though now victorious, capitalism has become a threat. The future of us all may be shaped by the outcome of the conflict between capitalism as victor and capitalism as threat. Not only in Europe, but also in the US and Japan - and no doubt shortly in the Eastern countries too - the great debate is capitalism versus capitalism. On the one hand is the "neo-American" model based on individual achievement and short-term profits. On the other is the Rhine model practices in Switzerland, Germany, Benelux, Northern Europe and, partly, in Japan. In the Rhine model collective achievement and public concensus are seen as the keys to long-term success. The first is more seductive, the second more effective. These two opposing forms of capitalism are engaged in a war which, like all internal conflicts, involves both secrecy and even hypocrisy. The outcome of this struggle could affect the quality of life on all levels of society. The author of this book aims to provide a synthesis which will force the reader to consider the political and economic issues at stake towards the end of the century.
Author: Wolfgang Streeck
Publisher: OUP Oxford
ISBN: 0191614459
Category : Business & Economics
Languages : en
Pages : 320
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Book Description
Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the classification of the 'Varieties of Capitalism' school, Germany has always been taken as the chief exemplar of a 'European', coordinated market economy. Streeck explores to what extent Germany actually conforms to this description. His argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, Bringing Capitalism Back In traces the current liberalization of the postwar economy of democratic capitalism by means of an historically-grounded approach to institutional change. This is an important book in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, comparative business systems.
Author: Peter Thompson
Publisher: Berghahn Books
ISBN: 9781571815439
Category : Business & Economics
Languages : en
Pages : 154
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Book Description
Using Nietzsche's categories of monumentalist, antiquarian and critical history, the author examines the historical and theoretical contexts of the collapse of the GDR in 1989 and looks at the positive and negative legacies of the GDR for the PDS (the successor party to the East German Communists). He contends that the Stalinization of the GDR itself was the product not just of the Cold War but of a longer inter-systemic struggle between the competing primacies of politics and economics and that the end of the GDR has to be seen as a consequence of the global collapse of the social imperative under the pressure of the re-emergence of the market-state since the mid-1970s. The PDS is therefore stuck in dilemma in which any attempt to "arrive in the Federal Republic" (Brie) is criticized as a readiness to accept the dominance of the market over society whereas any attempt to prioritize social imperatives over the market is attacked as a form of unreconstructed Stalinism. The book offers some suggestions as to how to escape from this dilemma by returning to the critical rather than monumentalist and antiquarian traditions of the workers' movement.
Author: Hans Kundnani
Publisher:
ISBN: 0190245506
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
Since the Euro crisis began, Germany has emerged as Europe's dominant power. During the last three years, German Chancellor Angela Merkel has been compared with Bismarck and even Hitler in the European media. And yet few can deny that Germany today is very different from the stereotype of nineteenth- and twentieth-century history. After nearly seventy years of struggling with the Nazi past, Germans think that they more than anyone have learned its lessons. Above all, what the new Germany thinks it stands for is peace. Germany is unique in this combination of economic assertiveness and military abstinence. So what does it mean to have a "German Europe" in the twenty-first century? In The Paradox of German Power, Hans Kundnani explains how Germany got to where it is now and where it might go in future. He explores German national identity and foreign policy through a series of tensions in German thinking and action: between continuity and change, between "normality" and "abnormality," between economics and politics, and between Europe and the world.
Author: James C. Van Hook
Publisher: Cambridge University Press
ISBN: 1139452193
Category : History
Languages : en
Pages : 330
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Book Description
The social market economy has served as a fundamental pillar of post-war Germany. Today, it is associated with the European welfare state. Initially, it meant the opposite. Rebuilding Germany examines the 1948 West German economic reforms that dismantled the Nazi command economy and ushered in the fabled 'European Miracle' of the 1950s. Van Hook evaluates the US role in German reconstruction, the problematic relationship of Chancellor Konrad Adenauer and his economics minister, Ludwig Erhard, the West German 'economic miracle', and the extent to which the social market economy represented a departure from the German past. In a nuanced and fresh account, Van Hook evaluates the American role in West German recovery and the debates about economic policy within West Germany, to show that Germans themselves had surprising room to shape their economic and industrial system.
Author: David B. Audretsch
Publisher: Oxford University Press
ISBN: 0190258691
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
Europe and much of the developed world have been bogged down by stagnant economic growth and alarmingly high rates of unemployment. But not Germany. This book reveals seven key aspects of the German economy and society that have provided considerable buoyance in an era of global turbulence.
Author: Werner Abelshauser
Publisher: Berghahn Books
ISBN: 1782387994
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
Over the past decade, the "German Model" of industrial organization has been the subject of vigorous debate among social scientists and historians, especially in comparison to the American one. Is a "Rhenish capitalism" still viable at the beginning of the 21st century and does it offer a road to the New Economy different from the one, in which the standards are set by the U.S.? The author, one of Germany's leading economic historians, analyzes the special features of the German path to the New Economy as it faces the American challenge. He paints a fascinating picture of Germany Inc. and looks at the durability of some of its structures and the mentalities that undergird it. He sees a "culture clash" and argues against an underestimation of the dynamics of the German industrial system. A provocative book for all interested in comparative economics and those who have been inclined to dismiss the German Model as outmoded and weak.
