[PDF] Germanys Economic Dilema eBook

Author : Horst Siebert
Publisher : Princeton University Press
Page : 416 pages
File Size : 13,40 MB
Release : 2014-04-24
Category : Business & Economics
ISBN : 1400851653

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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 : John Mills
Publisher : Palgrave Macmillan
Page : 177 pages
File Size : 20,67 MB
Release : 1998
Category : Business & Economics
ISBN : 9780312211141

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This book analyzes the reasons why the European Union's growth has fallen during the last quarter of a century to little more than a third of its previous level. It concludes that the major reason has been politically driven attempts to lock EU currencies together in inappropriate economic circumstances. These have led to chronic deflation, rising unemployment and falling investment and competitiveness as EU Member States, without exchange rate flexibility, have found themselves unable to compete with Germany. The book then turns to proposals for overcoming the EU's current economic shortcomings. It concludes that the way ahead is not to proceed with the single currency, but to use instead a much more accommodating monetary and macro-economic system.

Author : David Calleo
Publisher : Cambridge University Press
Page : 260 pages
File Size : 38,53 MB
Release : 1978-09-29
Category : Political Science
ISBN : 9780521223096

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In this provocative book, David Calleo surveys German history - not to present new material but to look afresh at the old. He argues that recent explanations for Germany's external conflicts have focused on flaws in the country's traditional political institutions and culture. These German-centred explanations are convenient Calloe notes, for they tend to exonerate others from their responsibilities in bringing about two world wars, namely the American and Russian hegemonies in Europe. As a result of this approach the big questions in German history are still answered with the ageing clichés of a generation ago despite the proliferation of German historical studies. Throughout Professor Calleo examines with some scepticism the concept of Germany's uniqueness and its consequences. In effect, his study stresses the continuing relevance of traditional issues among the Western states. This book, he asserts, should be regarded as a modest dissent from the prevailing view that history either began or ended in 1945.

Author : Hans-Werner Sinn
Publisher : MIT Press
Page : 357 pages
File Size : 10,12 MB
Release : 2007
Category : Competition, Unfair
ISBN : 0262195585

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This pointed, hard-hitting and incisive analysis of Germany's economic malaise is hardly calculated to win popular applause in Germany. Hans-Werner Sinn finds that Germany's dearest child, the welfare state, is the cause of its economic problems. Many Germans rely on transfer payments, so it is politically unfeasible for politicians to reduce the scope of government spending and correct the distortions it causes. However, the author argues quite convincingly that the welfare state is simply unsustainable in its current form. getAbstract recommends this book to anyone interested in the future of Germany and, for that matter, in the future of the modern welfare state.

Author : Knut Borchardt
Publisher : Cambridge University Press
Page : 302 pages
File Size : 22,16 MB
Release : 1991-05-30
Category : Business & Economics
ISBN : 9780521368582

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This collection of essays covers themes central to German economic history while considering their interaction with other historical phenomena. Among the essays Borchardt considers Germany's late start as an industrial nation, the West-East developmental gradient, key patterns of long-term economic development, and unusual changes in the phenomena of business cycles. The collection also contains the essays which have become the subject of so-called 'Borchardt controversies', in which hypotheses are presented on the economic causes of the collapse of the parliamentary regime by 1929-30, at the very end of the 'crisis before the crisis'. He also explains why there were no alternatives to the economic policies of the slump, and in particular why there was no 'miracle weapon' against Hitler's seizure of power. These are among the most original and stimulating contributions of recent years to the economic history of modern Germany and will be of interest to anyone who ponders deeply the meaning of history.