Title: Is Germany experiencing a new economic miracle? Observations based on post-Keynesian market constellation research

Authors: Arne Heise

Addresses: University of Hamburg, Faculty of Economic and Social Sciences, Von-Melle-Park 9, D-20146 Hamburg, Germany

Abstract: During the past two decades, Germany has experienced a phase of economic stagnation that provoked the metaphor of |the sick man of Europe|. After the recent economic upturn, commentators and politicians argued that Germany has finally regained former strength and it has even been drawn on the metaphor of a new |economic miracle|. In the article, this claim will be critically tested against the theoretical background of a novel post-Keynesian market constellation approach.

Keywords: economic policy; market constellations research; regime research; varieties of capitalism; Germany; post-Keynes.

DOI: 10.1504/IJPP.2010.031209

International Journal of Public Policy, 2010 Vol.6 No.1/2, pp.104 - 117

Published online: 25 Jan 2010 *

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