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In this paper the term ‘globalisation’ means the international integration of nationally organised markets in conjunction with increasing cross-country flows of factors of production. According to this globalisation has been under way for centuries. Globalisation is not a completely...
Persistent link: https://www.econbiz.de/10010427369
The Munich Re was founded in 1880 and is from the very start till this day one of the leading insurance companies in the world. Despite its long and successfull existance the company’s history has not been reported yet in a way that fulfilled scientific criteria. This paper can be seen as a...
Persistent link: https://www.econbiz.de/10010427564
employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment … - especially in Germany - is mainly caused by labor market institutions and excessive wages. Rather there are several indications … that a persistent lack of demand is responsible for the major part of the German unemployment problem. …
Persistent link: https://www.econbiz.de/10010427400
The proposed paper will discuss the controversy on Germany’s economic recovery after the Depression and the role Nazi work creation programs had therein. Economic data suggests evidence of a cyclical turning point of the economic crisis in the summer of 1932 with some leading indicators...
Persistent link: https://www.econbiz.de/10010427402