The Transatlantic Agenda for Labor Market Reform: Increasing Adaptability Through Continuing Training
Former DAAD/AICGS Fellow Tobias Schulze-Cleven writes that the current global economic crisis presents an opportunity to rethink economic policy priorities in both the United States and Germany. In his essay “The Transatlantic Agenda for Labor Market Reform: Increasing Adaptability Through Continuing Training,” Mr. Schulze-Cleven suggests that the countries use this opportunity to reexamine their respective continuing training programs as a way to provide workforce security for both good and bad economic times, using the example provided by Denmark’s continuing training programs as a model for going forward.
Comparing German and American Models in Skill Formation
The current economic crisis has brought commitments of considerable government support for education in the recovery packages of both the United States and Germany, writes former DAAD/AICGS Fellow Dr. Justin J.W. Powell, Senior Research Fellow at Wissenschaftszentrum Berlin für Sozialforschung. When enacting new reforms, Dr. Powell argues, both countries can continue to learn from the other’s successes and failures as a way to develop skill formation systems far beyond what each country could have accomplished alone.
Miracles are Possible
In light of the current economic crisis, Americans sometimes wonder why Germany, the world exporting champion, is not taking more action to spur on its economy. Dr. Tim Stuchtey, Senior Fellow and Director of the Business and Economics Program at AICGS, writes that to understand Germany’s actions (or lack thereof), one must understand the concept of Ordnungspolitik and how it has shaped Germany’s economic policy over the past sixty years. In his essay, Dr. Stuchtey gives an overview of Ordnungspolitik and suggests ways how this concept can help to end the current crisis.
The German Model of Labor Relations at Sixty
When the Federal Republic of Germany was founded in May 1949, a major cornerstone of its cooperative and stable system of labor relations was already in place. Over a month earlier, the Collective Agreements Act had come into effect, and
to this day, virtually unchanged, it has been the foundation upon which trade unions and employers’ associations have autonomously set the standards for wages and working conditions in contracts negotiated at the sectoral level (Flächentarifvertrag)…
Ideas, Institutions and Organized Capitalism: Germany, Europe and Twenty-first Century Economic Policy Models
For much of the past two decades, the literature on the German economy has largely focused on the erosion of the German form of organized capitalism and emphasized institutional decline and the corresponding rise of neo-liberalism. Yet, in the
past few months, the world-wide financial crisis has challenged the virtues of the apparent neo-liberal hegemony and perhaps opened up once again a debate regarding appropriate economic policy models…
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