problem was brewing in Germany long before unification, namely the danger of being a high wage country specialised in medium … technologies. We show that Germany neither increased its investment into research and education, nor did it embrace ICT technology … countries, and according to a quantitative indicator of total investment into the future Germany ranked second to last …

problem was brewing in Germany long before unification, namely the danger of being a high wage country specialised in medium … technologies. We show that Germany neither increased its investment into research and education, nor did it embrace ICT technology … countries, and according to a quantitative indicator of "total investment into the future" Germany ranked second to last …

two other explanations for European underperformance during the nineties: insufficient investment in long run determinants … investment into future growth. Then we exploit performance differences between European countries to assess the relative … importance of labour market reforms versus investment into long-run growth. The best performing European countries did fine tune …

two other explanations for European underperformance during the nineties: insufficient investment in long run determinants … investment into future growth. Then we exploit performance differences between European countries to assess the relative … importance of labour market reforms versus investment into long-run growth. The best performing European countries did fine tune …

, monetary policy and macroeconomic cost management. Secondly it is compared to that of policies boosting investment into long … with productivity and tax revenues. Finally, boosting investment into future growth by encouraging research, education and …

, monetary policy and macroeconomic cost management. Secondly it is compared to that of policies boosting investment into long … with productivity and tax revenues. Finally, boosting investment into future growth by encouraging research, education and …