Eichhorst, Werner; Marx, Paul - Institute for the Study of Labor (IZA) - 2009
economic growth, a wors-
ening labor market performance, apparently unsustainable social security sys-
tems, and the … incapability to implement substantial reforms caused some pessi-
mism about the future prospects of the German economic system … original purpose anymore. Exogenous influences like economic
or societal trends usually call for some degree of adaptability …