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The paper discusses central avenues of reform in the pension and health system. The core issues are the distinction of large and small risks and the role of a competitive approach to reorganise the health system.
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to new technological stimuli. In addition, Germany's bank-centered capital and inflexible labor markets have long …Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing … had supported Germany's leadership in the high-tech industries of the early twentieth century - automobiles, machinery …
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This paper discusses the goal conflict between social protection and economic growth as well as employment. Taking the German economy as an example for the large continental economies of Old Europe, it analyzes twenty mechanisms that affect the fundamentals of the economy negatively and imply...
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