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Why Germany has such a weak growth performance

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dc.creator Siebert, Horst
dc.date 2003
dc.date.accessioned 2013-10-16T06:08:15Z
dc.date.available 2013-10-16T06:08:15Z
dc.date.issued 2013-10-16
dc.identifier Kiel working paper Institut für Weltwirtschaft, Kiel 1182
dc.identifier http://hdl.handle.net/10419/3046
dc.identifier ppn:36991497X
dc.identifier ppn:36991497X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3046
dc.description Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss of economic dynamics besides German unification: These include leaving labor idle, a declining share of investment in GDP, a weaker innovative activity, an ineffective system for human capital formation with the exception of vocational training and an erosion of the export position with a reduced attractiveness for foreign direct investment. The issue is raised whether Germany belongs to a new category of economies, the NDCs, the Newly Declining Countries.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1182
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J0
dc.subject L0
dc.subject O0
dc.subject E0
dc.subject F0
dc.subject ddc:330
dc.subject Economic growth , labor and human capital , capital accumulation , innovation , export performance , foreign direct investment , sectorial change
dc.subject Wirtschaftswachstum
dc.subject Bildungsinvestition
dc.subject Investition
dc.subject Innovation
dc.subject Internationaler Wettbewerb
dc.subject Standortfaktor
dc.subject Arbeitsmarktflexibilisierung
dc.subject Deutschland
dc.title Why Germany has such a weak growth performance
dc.type doc-type:workingPaper


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