Book
Despite exporting more good and services than any other country in theworld economic growth in Germany has been slow through the nineties and theearly twenty first century with low wage growth rising unemployment andincreasing public deficits. German unemployment was traditionally diagnosed asstructural neglecting macroeconomic causes of economic stagnancy in theeconomic policy debate. This book offers a fresh innovative analysis of theGerman economic policy debate containing essays from eight distinguishedinternational economists.These essays tackle various aspects of the German and European marketranging from theoretical issues criticizing the narrowness of the debateanalyses of the real effects of monetary policies in the short and long runfiscal policy contributions wage policies to family policies arguing for amore expansionary macroeconomic policy to counteract economic stagnancy andimprove prosperity in Germany and Europe. «
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