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Economic and political governance in Germany's social market economy

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dc.creator Siebert, Horst
dc.date 2004
dc.date.accessioned 2013-10-16T06:31:23Z
dc.date.available 2013-10-16T06:31:23Z
dc.date.issued 2013-10-16
dc.identifier Kiel working paper Institut für Weltwirtschaft, Kiel 1207
dc.identifier http://hdl.handle.net/10419/3229
dc.identifier ppn:387373381
dc.identifier ppn:387373381
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3229
dc.description 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.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1207
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H1
dc.subject H7
dc.subject D72
dc.subject J5
dc.subject G3
dc.subject ddc:330
dc.subject Codetermination , governance , consensus , group decisionmaking , governance of the universities , governance of government , voting system
dc.subject Wirtschaftspolitik
dc.subject Soziale Marktwirtschaft
dc.subject Korporatismus
dc.subject Mitbestimmung
dc.subject Föderalismus
dc.subject Deutschland
dc.title Economic and political governance in Germany's social market economy
dc.type doc-type:workingPaper


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