In this book, one of Germany's most influential economists describes his country's economy, the largest in the European … Germany's fiscal policy stance, product market regulation, capital market, environmental policy, aging and immigratio … necessary to overcome these shortcomings. Taking a broader view than other recent books on the German economy, he considers …

In this book, one of Germany's most influential economists describes his country's economy, the largest in the European … Germany's fiscal policy stance, product market regulation, capital market, environmental policy, aging and immigration … over the Next Forty Years -- Chapter Seven: Germany: an Immigration Country -- Chapter Eight: Regulation of Product Markets …

more typical for the German economy nowadays, where trade unions and employers’ associations determine the wage rate and … some of the economic policy challenges that Germany faces. Being an optimist by nature, I would paint a rosy picture …