This paper takes a closer look at the supposed mechanisms behind German welfare state resilience, which are given in mainstream institutionalist theories. I focus on reform hurdles associated with the make-up of the German welfare state, both at the macro-level (principles) as well as at the...

Der Glanz ist verflogen im Wirtschaftswunderland. Die Löhne steigen nicht mehr, die Renten verschlechtern sich von Jahr zu Jahr, die Armut wächst kontinuierlich an und macht auch nicht mehr vor dem arbeitenden Teil der Bevölkerung Halt. Das Wirtschaftswachstum hat sich merklich abgeschwächt...

In recent years, accounting regulation has been internationalized with the extensive use and adoption of International Financial Reporting Standards (IFRS) by nation-states, which points at least to a formal convergence between accounting regulatory systems. However, major differences between...