What do the recent trends in German economic development convey about the trajectory of change? Has liberalization prepared the German economy to deal with new challenges? What effects will liberalization have on the coordinating capacities of economic institutions? This paper argues that...

In the aftermath of the financial crisis, governments in the western world resumed policy instruments from the immediate post-war period´s mixed economies. These instruments had all been abandoned in the liberalizing market economies of the last decades. How do we interpret these developments...