Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/3229
Authors: 
Siebert, Horst
Year of Publication: 
2004
Series/Report no.: 
Kiel Working Paper 1207
Abstract: 
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.
Subjects: 
Codetermination , governance , consensus , group decisionmaking , governance of the universities , governance of government , voting system
JEL: 
H1
H7
D72
J5
G3
Document Type: 
Working Paper

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