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Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing areas of today's high technology. After World War II, West-German technology policy sought to rebuild the institutions which had supported Germany's leadership in the high-tech...
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Declining spatial transaction costs will affect patterns of urban specialization. The underlying hypothesis is that production locations of goods and services which require face-to-face contacts will continue to be concentrated in core cities of large agglomerations even in the Internet age...
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The paper discusses central avenues of reform in the pension and health system. The core issues are the distinction of large and small risks and the role of a competitive approach to reorganise the health system.
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