This paper investigates the deindustrialization process in Germany and Spain from 1995 to 2018. It is argued that the deindustrialization trajectories of each country are partially related to their growth models. An analysis in two steps is conducted. First, using the OECD input-output tables, a...

Den deutschen Arbeitsmarkt kennzeichnen seit vielen Jahren niedrige Lohnzuwächse bei teilweise sogar sinkenden Reallöhnen. Vor dem Hintergrund einer globalisierten Wirtschaft scheint dieser Prozess zur Wahrung der Wettbewerbsfähigkeit unausweichlich. Beschränkt man die Analyse auf die...

The current state budget crisis in the EU and the numerous futile efforts to solve the problem has brought back the fraction of people that argument in favour of an exit strategy of Germany from the European monetary union (EMU) or even the break-up of the EMU in total. This paper investigates...