Can Germany Be Saved
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Can Germany Be Saved?
Author | : Hans-Werner Sinn |
Publisher | : MIT Press |
Total Pages | : 357 |
Release | : 2007 |
Genre | : Competition, Unfair |
ISBN | : 0262195585 |
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This pointed, hard-hitting and incisive analysis of Germany's economic malaise is hardly calculated to win popular applause in Germany. Hans-Werner Sinn finds that Germany's dearest child, the welfare state, is the cause of its economic problems. Many Germans rely on transfer payments, so it is politically unfeasible for politicians to reduce the scope of government spending and correct the distortions it causes. However, the author argues quite convincingly that the welfare state is simply unsustainable in its current form. getAbstract recommends this book to anyone interested in the future of Germany and, for that matter, in the future of the modern welfare state.
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