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The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various...
Persistent link: https://www.econbiz.de/10010302703
The European Union is regarded as a union of diverse territories, but this definition applies to most European Union member states, too. How best should member states manage diversity to maintain the Union? What are the main triggers for autonomy demands in a Union? This article contends that...
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Tackling the crisis, readjusting the economic model: Rising energy prices, historically high inflation rates and ongoing supply chain bottlenecks are challenging Germany's long-standing industrial base. On top of that, entrepreneurs and the state alike are faced with new geopolitical tensions...
Persistent link: https://www.econbiz.de/10014001273
Der Beitrag beschreibt die Wirtschaftsordnung der Sozialen Marktwirtschaft nach Ludwig Erhard und geht den historischen …er-Jahre systematisch realisiert werden konnte. Gegenwärtig ist die Wirtschaftsordnung der Bundesrepublik stark durch …
Persistent link: https://www.econbiz.de/10014501487
Human resource management in Germany is deeply rooted in its institutional environment. Thus, US style HRM cannot be simply transferred to the German context. Nevertheless, the German business system is not hostile to HRM principles. Rather, these practices have to be adapted to the demands and...
Persistent link: https://www.econbiz.de/10010318154
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Neoclassical economics assumes that provision for the future is simply a matter of the will to save enough of one's current income. However, saving requires the availability of a secure instrument. Historically, the availability of such instruments has always been a problem. The social security...
Persistent link: https://www.econbiz.de/10010292912