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The German model in danger
Author(s) -
Grahl John,
Teague Paul
Publication year - 2004
Publication title -
industrial relations journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.525
H-Index - 3
eISSN - 1468-2338
pISSN - 0019-8692
DOI - 10.1111/j.1468-2338.2004.00333.x
Subject(s) - german , german model , thriving , unemployment , politics , german economy , political science , stakeholder , german reunification , economics , value (mathematics) , economic system , core (optical fiber) , political economy , economy , market economy , sociology , history , macroeconomics , law , social science , engineering , computer science , archaeology , machine learning , telecommunications
The German high‐skills/high value‐added economy has long been the Mecca for supporters of the European social model. So long as Model Deutschland was thriving the notion of Social Europe was a plausible political project. But Germany is facing a range of economic problems—the aftershock of reunification, high unemployment and internal and external pressures to reform its stakeholder system of economic organisation. Some of these developments strike at core assumptions of the German model. This article reviews the extent to which the German model is in danger and teases out the implications for the wider European economy.