The Future of the German Economy: An End to the Miracle?

The Future of the German Economy: An End to the Miracle?

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This insightful interpretation covers German economic policy and macroeconomic performance since the election of the Schröder government, the "Alliance of Jobs" employment policy, German corporatism (including finance and industrial relations), the future of the corporate model in a global era, and innovation. The contributors argue that despite high unemployment and net capital outflows, there are real reasons to be optimistic about Germany's future. The innovation system is dynamic, industrial policy is strong, and the corporate model remains adaptable, durable, and competitive.