2004
Volume 28, Issue 2
  • ISSN: 0169-2216
  • E-ISSN: 2468-9424

Abstract

Employment and economic growth: is Germany an example to Europe?

Employment and economic growth: is Germany an example to Europe?

In this article we describe and evaluate the macroeconomic performance of Germany during the past decade. We focus on wage formation, competitiveness and export performance. We ask the question to what extent the German model is successful in relation to the long-run challenges posed by ageing and the need for higher employment, productivity and growth. We compare Germany with other European countries, including Belgium, the Netherlands and the Nordic countries. We conclude that the success of the German model is only partial. The ‘guide’ does not convince on certain aspects such as investment in human capital and the realization of full employment. Neither have the low skilled and the long-term unemployed been able to improve their relative position on the German labour market.

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/content/journals/10.5117/2012.028.002.224
2012-06-01
2022-01-20
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