Germany Economics
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Germany Economics
Political, Economic and Social issues in the Nation-state of Germany
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Reducing unemployment: Lessons from Germany

Reducing unemployment: Lessons from Germany | Germany Economics | Scoop.it
Germany has an explicit policy of pushing employers toward shortening work hours rather than laying-off workers.

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Michael Sheridan's comment, April 11, 2013 4:02 AM
This article is related to the macro-objective for governments of unemployment. Through a the use of fiscal policy, the German government keeps the unemployment levels low. This results in sustainable GDP growth.
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'Hartz reforms': how a benefits shakeup changed Germany

'Hartz reforms': how a benefits shakeup changed Germany | Germany Economics | Scoop.it
Ben Knight: The 'pressure to work' measures ushered in 10 years ago have come into conflict with the state's commitment to human dignity

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Benjamin Franke's insight:

Hartz IV is a good thing...

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What Germany offers the world

What Germany offers the world | Germany Economics | Scoop.it
Correction to this article THE European Central Bank controls Europe's currency from Frankfurt, Germany's financial centre. Beckhoff Automation, in a bucolic...

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GR's comment, April 11, 2013 3:48 AM
Germans have common sense and reasonable expectations and demands when negotiating. They employ longer term perspectives and don't try to hog everything now, at the expense of others and the future. These are fundamentals of a well functioning economy that others will eventually try to "copy". Europeans should be happy to have such a powerful and disciplined country in their midst. But the economic weakness of many Euro countries is caused by the very reason they ridicule Germans: Namely hard work, discipline, orderliness, cleanliness, rationality. Many do not really cherish the benefit Germany gives to its "Mittlestand" (Middle-class) and lower-class. There are still strikes by the people, for example too low wages for train operators or building a new airport in Berlin. The exports by Germany clearly outweigh the imports and thus, they have an even balance of trade (BOT) and even balance of payments (BOP). The article describes other countries trying to achieve the same economic structures.