LEADER 04435nam 2200673 450 001 9910817990503321 005 20210619001828.0 010 $a0-691-16601-3 010 $a1-4008-5165-3 024 7 $a10.1515/9781400851652 035 $a(CKB)1000000000381114 035 $a(EBL)1651880 035 $a(OCoLC)875819053 035 $a(SSID)ssj0001038231 035 $a(PQKBManifestationID)12472043 035 $a(PQKBTitleCode)TC0001038231 035 $a(PQKBWorkID)11048839 035 $a(PQKB)11252587 035 $a(OCoLC)878078459 035 $a(MdBmJHUP)muse43275 035 $a(DE-B1597)453660 035 $a(OCoLC)979727238 035 $a(DE-B1597)9781400851652 035 $a(Au-PeEL)EBL1651880 035 $a(CaPaEBR)ebr10853264 035 $a(CaONFJC)MIL586054 035 $a(PPN)187964300 035 $a(MiAaPQ)EBC1651880 035 $a(EXLCZ)991000000000381114 100 $a20140412h20052005 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe German economy $ebeyond the social market /$fHorst Siebert 205 $aCourse Book 210 1$aPrinceton, New Jersey ;$aOxfordshire, England :$cPrinceton University Press,$d2005. 210 4$dİ2005 215 $a1 online resource (416 p.) 300 $aDescription based upon print version of record. 311 0 $a1-306-54803-9 311 0 $a0-691-09664-3 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tPreface --$t1. Basic Features of the German Economy --$t2. The Social Market Economy --$t3. The Weak Growth Performance --$t4. The Labor Market: High and Sticky Unemployment --$t5. The Social Security System under Strain --$t6. Ageing as a Challenge over the Next Forty Years --$t7. Germany: an Immigration Country --$t8. Regulation of Product Markets --$t9. Environmental Protection: a German Topic --$t10. The Capital Market and Corporate Governance --$t11. Human Capital and Technology Policy --$t12. The Fiscal Policy Stance --$t13. Germany in the European Union: Economic Policy under Ceded Sovereignty --$t14. The System of Governance in Germany's Social Market Economy --$t15. The Need for a Renaissance of the Market Economy --$tREFERENCES --$tINDEX 330 $aIn 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. 606 $aBUSINESS & ECONOMICS / Economic History$2bisacsh 607 $aGermany$xEconomic conditions 607 $aGermany$xEconomic policy 615 7$aBUSINESS & ECONOMICS / Economic History. 676 $a330.943/087 700 $aSiebert$b Horst$f1938-2009,$0120194 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910817990503321 996 $aThe German economy$94071705 997 $aUNINA