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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/3046
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| Title: | | Why Germany has such a weak growth performance  |
| Authors: | | Siebert, Horst |
| Issue Date: | | 2003 |
| Citation: | | [Series:] Kiel working paper [Editor:] Institut für Weltwirtschaft, Kiel [No.:] 1182 |
| Series/Report no.: | | Kieler Arbeitspapiere 1182 |
| Abstract: | | 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. |
| Subjects: | | Economic growth , labor and human capital , capital accumulation , innovation , export performance , foreign direct investment , sectorial change |
| JEL: | | J0 L0 O0 E0 F0 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online Kieler Arbeitspapiere, IfW
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