The Political Economy of Germany under Chancellors Kohl and Schröder

Decline of the German Model?

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, History, Germany
Cover of the book The Political Economy of Germany under Chancellors Kohl and Schröder by Jeremy Leaman, Berghahn Books
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Author: Jeremy Leaman ISBN: 9781845459369
Publisher: Berghahn Books Publication: July 1, 2009
Imprint: Berghahn Books Language: English
Author: Jeremy Leaman
ISBN: 9781845459369
Publisher: Berghahn Books
Publication: July 1, 2009
Imprint: Berghahn Books
Language: English

While unification has undoubtedly had major effects on Germany's political economy, the pattern of current policy-making preferences was established at an earlier stage, in particular, at the beginning of the 'Kohl-era' in 1982. This essentially neo-liberal pattern can be seen to have dominated the modalities chosen to guide Germany through the process of unifi cation and was mirrored in developments in other OECD countries and in particular within the EU. This book demonstrates that the three policy imperatives (neo-liberal structural reform, European monetary integration, and unification) produced a policy-mix which, together with other structural economic and demographic factors, has had disappointing results in all three areas and hampered Germany's overall economic development.

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While unification has undoubtedly had major effects on Germany's political economy, the pattern of current policy-making preferences was established at an earlier stage, in particular, at the beginning of the 'Kohl-era' in 1982. This essentially neo-liberal pattern can be seen to have dominated the modalities chosen to guide Germany through the process of unifi cation and was mirrored in developments in other OECD countries and in particular within the EU. This book demonstrates that the three policy imperatives (neo-liberal structural reform, European monetary integration, and unification) produced a policy-mix which, together with other structural economic and demographic factors, has had disappointing results in all three areas and hampered Germany's overall economic development.

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