Labour market institutions in Germany: current status and ongoing reforms

Abstract: "Although all economists agree that a major precondition for employment creation is sustainable economic growth of at least 2% per annum, they disagree about the effects of the institutional framework on the labour market: Optimistic observers stress the high performance of external trade and the highly specialized small and medium-sized companies operating at high potential. These have a well-qualified workforce, which relies on the existence of a highly differentiated system of labour market institutions that provide a reliable basis for sustainable economic development. These analysts point to the fact that economic growth and the demand for labour is appropriately restrained by the extremely low domestic demand. Conversely, pessimistic observers blame the relatively high labour costs resulting from institutional regulation by labour and social law, collective bargaining and labour market policies as the main barrier to the creation of employment. As the German employment system

Alternative title
Arbeitsmarktinstitutionen in Deutschland: aktueller Stand und laufende Reformen
Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource, 36 S.
Language
Englisch
Notes
unbekannt

Bibliographic citation
WSI-Diskussionspapier ; Bd. 152

Event
Veröffentlichung
(where)
Düsseldorf
(when)
2007
Creator
Contributor
Wirtschafts- und Sozialwissenschaftliches Institut in der Hans-Böckler-Stiftung

URN
urn:nbn:de:101:1-2019072511310611766387
Rights
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:34 AM CEST

Data provider

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Associated

  • Bothfeld, Silke
  • Wirtschafts- und Sozialwissenschaftliches Institut in der Hans-Böckler-Stiftung

Time of origin

  • 2007

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