Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing … had supported Germany's leadership in the high-tech industries of the early twentieth century - automobiles, machinery … to new technological stimuli. In addition, Germany's bank-centered capital and inflexible labor markets have long …

Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss … whether Germany belongs to a new category of economies, the NDCs, the Newly Declining Countries. …