Arbeitspapier

Why Germany has such a weak growth performance

Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss of economic dynamics besides German unification: These include leaving labor idle, a declining share of investment in GDP, a weaker innovative activity, an ineffective system for human capital formation with the exception of vocational training and an erosion of the export position with a reduced attractiveness for foreign direct investment. The issue is raised whether Germany belongs to a new category of economies, the NDCs, the Newly Declining Countries.

Language: Englisch

Bibliographic citation: Series: Kiel Working Paper ; No. 1182

Classification: Wirtschaft

Subject: Economic growth
labor and human capital
capital accumulation
innovation
export performance
foreign direct investment
sectorial change
Wirtschaftswachstum
Bildungsinvestition
Investition
Innovation
Internationaler Wettbewerb
Standortfaktor
Arbeitsmarktflexibilisierung
Deutschland

Event: Geistige Schöpfung

(who): Siebert, Horst

Event: Veröffentlichung

(who): Kiel Institute for World Economics (IfW)

(where): Kiel

(when): 2003

Handle: http://hdl.handle.net/10419/3046

Last update: 10.03.2025, 11:41 AM CET

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Object type

Arbeitspapier

Associated

Siebert, Horst
Kiel Institute for World Economics (IfW)

Time of origin

2003

Other Objects (12)

Arbeitspapier

Why has potential growth declined? The case of Germany. A note

Akten und Einzelstücke

Buch: Siebert, Horst: Bildungspraxis in Deutschland: Schule und Erwachsenenbildung der BRD und DDR im Vergleich, 1970