The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms …. After 2023, Germany will be characterizedby a gerontocratic system where the old decide over the young. Only the fearthat …

look at the components of this reversal of capital flows for the case of Germany. Its main finding is that most of the … Germany is small by comparison, with purchases of German government bonds increasing substantially, in particular by Spanish … and Irish investors. Some foreign capital even left Germany. In net terms, over the years 2008, 2009 and 2011 foreigners …

,000 pumped storage plants, which is 183 times Germany's current capacity, would nevertheless be huge. Taking the volatility of … difficult for Germany to pursue its energy revolution beyond merely replacing nuclear fuel towards a territory where it can also …

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …

Germany is in a dilemma. Low wage competition via product and factor markets increases the demands on the welfare state …

wealth equivalents and anticipating the Greek participation, Germany will lose 30 billion (or 59 billion deutschmarks) and …