Economic and political governance in Germany's social market economy

Arbeitspapier

Germany's system of economic and political governance strongly relies on group decision-making and consensus to solve economic issues. This approach relates to a wide spectrum of decisions, including the social partners with the trade unions and the employers' associations in wage formation, the trade unions in the governance of firms through codetermination and the workers' councils in the operation of firms, but also to relationship banking and to the steering of the university system by codetermination and by a governmental planning approach. In addition, in the governance of government and its federal structure, mechanisms of consensus are an important feature, above all through the joint responsibility of the Bundestag and the Bundesrat in law-making. Distributive federalism is another expression of the consensus mechanism. Looking at all these mechanisms, it is surprising how strongly the market economy is restrained in Germany.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Kiel Working Paper ; No. 1207

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
• Thema: Codetermination ; governance ; consensus ; group decisionmaking ; governance of the universities ; governance of government ; voting system ; Wirtschaftspolitik ; Soziale Marktwirtschaft ; Korporatismus ; Mitbestimmung ; Föderalismus ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Siebert, Horst
• Ereignis: Veröffentlichung
• (wer): Kiel Institute for World Economics (IfW)
• (wo): Kiel
• (wann): 2004

Weitere Informationen

• Handle: http://hdl.handle.net/10419/3229
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ