Can Germany Be Saved?: The Malaise of the World's First Welfare State
Language: English
Published by MIT Press, 2007
- First Edition
- Signed
- Hardcover
- Used
Seller: Katsumi-san Co., Cambridge, MA, U.S.A.Katsumi-san Co.
AbeBooks seller since October 15, 2002
Condition: Used - Very good
£ 12.08
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Add to basketItem description from seller
Inscribed on the half-title page by the author to Harvard University economist Oliver Hart, "For Oliver with best wishes, Hans-Werner." As with Mr. Sinn's inscription to Philippe Aghion (in another copy of this book listed on Abe), the ink has bled slightly onto the title page; corners bumped; dust jacket has light wear and minor soil; tight, text clean. xvi, [2], 338 p. [otob: 38].
Seller Inventory # 407002
- Title
- Can Germany Be Saved?: The Malaise of the World's First Welfare State
- Author
- Sinn, Hans-Werner
- Publisher
- MIT Press
- Publication year
- 2007
- Condition
- Very Good
- Dust jacket
- Dust Jacket Included
- Signed
- Signed by Author(s)
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0262195585
- ISBN 13
- 9780262195584
- Edition
- 1st Edition
What has happened to the German economic miracle? Rebuilding from the rubble and ruin of two world wars, Germany in the second half of the twentieth century recaptured its economic strength. High-quality German-made products ranging from precision tools to automobiles again conquered world markets, and the country experienced stratospheric growth and virtually full employment. Germany (or West Germany, until 1989) returned to its position as the economic powerhouse of Europe and became the world's third-largest economy after the United States and Japan. But in recent years growth has slowed, unemployment has soared, and the economic unification of eastern and western Germany has been mishandled. Europe's largest economy is now outperformed by many of its European neighbors in per capita terms. In Can Germany Be Saved?, Hans-Werner Sinn, one of Germany's leading economists, takes a frank look at his country's economic problems and proposes welfare- and tax-reform measures aimed at returning Germany to its former vigor and vitality.
Germany invented the welfare state in the 1880s when Bismarck introduced government-funded health insurance, disability insurance, and pensions; the German system became a model for other industrialized countries. But, Sinn argues, today's German welfare state has incurred immense fiscal costs and destroyed economic incentives. Unemployment has become so lucrative that the private sector, already under pressure from international low-wage competitors, has increasing difficulties in paying sufficiently attractive wages.
Sinn traces many of his country's economic problems to an increasingly intractable conflict between Germanys welfare state and the forces of globalization. Can Germany Be Saved? (an updated English-language version of a German bestseller) asks the hard questionsabout unions, welfare payments, tax rates, the aging population, and immigrationthat all advanced economies need to ask. Its answers, and its call for a radical rethinking of the welfare state, should stir debate and discussion everywhere.
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Katsumi-san Co.
Cambridge, MA, U.S.A.
AbeBooks seller since October 15, 2002
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