The German economy : beyond the social market / Horst Siebert.

Includes bibliographical references and index.

Basic features of the German economy -- The social market economy -- The weak growth performance -- The labor market: high and sticky unemployment -- The social security system under strain -- Ageing as a challenge over the next forty years -- Germany: an immigration country -- Regulation of product markets -- Environmental protection: a German topic -- The capital market and corporate governance -- Human capital and technology policy -- The fiscal policy stance -- Germany in the European Union: economic policy under ceded sovereignty -- The system of governance in Germany's social market economy -- The need for a renaissance of the market economy.

"In 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."--Jacket

Print version record.

In English.

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