Germania: l’indomabile trading state

Armingeon, Klaus; Baccaro, Lucio (2014). Germania: l’indomabile trading state. QUADERNI RASSEGNA SINDACALE - Lavori, 15(2), pp. 19-45. Ediesse

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Based on interviews with the main German actors and on secondary sources, the article examines the recent development of the German political economy, and the German strategy vis-à-vis the Euro zone. Germany is a trading state whose economic growth is strongly export-led. Until the years 1990s, strong institutional rigidities, both in industrial relations and in the welfare state, contributed to reconcile export growth with household consumption, thus keeping the German «tiger» on a leash. From the early 1990s on, however, both industrial relations and social protections have been stronglyliberalized, thus further stimulating external competitiveness and reducing the role of consumption in the German growth model. The unleashed trading state shapes the German response to the Euro crisis and the austerity policies that Germany imposes to Europe. These policies are strongly supported by political parties, social actors, and public opinion in Germany, and the likelihood that they change in the near future is minimal.

Item Type:	Journal Article (Original Article)
Division/Institute:	03 Faculty of Business, Economics and Social Sciences > Social Sciences > Institute of Political Science
UniBE Contributor:	Armingeon, Klaus
Subjects:	300 Social sciences, sociology & anthropology > 320 Political science
ISSN:	1590-9689
Publisher:	Ediesse
Language:	Italiano
Submitter:	Beatrice Romann
Date Deposited:	09 Jan 2015 11:52
Last Modified:	05 Dec 2022 14:38
URI:	https://boris.unibe.ch/id/eprint/61481