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Within the last 25 years, the US-GDP growth exceeded the German one almost every year. Apparently, the US economy had a better ability to adjust to the new conditions coming up with the process of global-isation. The reason for that is the high propensity to become self-employed in the US....
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The current system set up to boost the economy in eastern Germany turns out to be expensive and little efficient: There is hardly any convergence to perceive. Active labour market policy reveals poor effects, the same as the attempts to foster investments, and infrastructure doesn't seem to be a...
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