The German economy recovered more rapidly than the majority of other developed countries from the severe slump that the global economic and financial crisis brought in its wake. Weak demand in the euro area was offset by robust growth in exports to countries outside the region. The German...

Sowohl auf theoretischer als auch auf empirischer Ebene wurde die wichtige Rolle privater und staatlicher Investitionstätigkeit für das Wirtschaftswachstum deutlich. Zu betonen ist hierbei, dass beide Investitionsarten in einer komplementären Beziehung zueinander stehen, so dass ein...

Streissler considers Roscher′s theory of crisis to be highly original and important. Schumpeter, on the other hand, considers it only a rehash of the ideas of others. Examines this contradiction, beginning with a reflection on the essential elements of the debates on Keynes, Say′s law and...

Purpose – The purpose of this paper is to discuss the high rates of economic growth of the US economy and the remarkable acceleration of productivity growth since the mid‐1990s which is widely attributed to the modern information and communication technologies (ICTs)....