Explaining Germany’s Exceptional Recovery

Table of Contents

Foreword

Introduction
Dalia Marin

Part I: The institution of industrial relations

1 From sick man of Europe to economic superstar: Germany's resurgence and the lessons for Europe
Christian Dustmann, Bernd Fitzenberger, Uta Schoenberg, and Alexandra Spitz-Oener

2 The flexibilisation of German industrial relations
Lucio Baccaro

Part II: Globalisation and technology

3 Global value chains, product quality, and the rise of Eastern Europe
Dalia Marin

4 The China shock and the rise of robots: Why Germany is different
Jens Suedekum

5 Science, research, and innovation in Germany: 2000 to 2017
Dietmar Harhoff and Monika Schnitzer

Part III: The current account surplus

6 Germany's current account surplus and corporate investment
Guntram B. Wolff

7 Germany did not pursue fiscal devaluation
Fabio Ghironi and Benjamin Weigert

Part IV: The role of history

8 Germany: The reluctant leader of the euro area
Charles Wyplosz

9 The Franco-German relationship
Harold James

10 Voting for the far right in Germany
Davide Cantoni, Felix Hagemeister and Mark Westcott