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Within the last 25 years, the US-GDP growth exceeded the German one almost every year. Apparently, the US economy had a better ability to adjust to the new conditions coming up with the process of global-isation. The reason for that is the high propensity to become self-employed in the US....
Persistent link: https://www.econbiz.de/10005677744
The current system set up to boost the economy in eastern Germany turns out to be expensive and little efficient: There is hardly any convergence to perceive. Active labour market policy reveals poor effects, the same as the attempts to foster investments, and infrastructure doesn't seem to be a...
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Germany`s disappointing economic performance causes political upsets. If the next government intents to be more successfull than the current one, fundamental reforms are to be enforced. Germany`s inadequate federal system is a major growth obstacle. The country forgoes the benefits of...
Persistent link: https://www.econbiz.de/10008531796
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Regional GDP per capita disparities between the coastal and interior provinces of China seemto be a bugaboo the Chinese government cannot get rid of. This paper shows that there areagglomerative forces within China which emerge from the unbalanced growth strategy andlead to a considerably west...
Persistent link: https://www.econbiz.de/10008531860
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