The liberalisation process and the growing number of companies entering into the postal market have slowed the decline of sectoral employment that could have been expected as a result of technical progress and structural change. Moreover, industrial relations are highly decentralised.
After a prolonged decline, the number of corporate insolvencies has begun to rise again. The slight increase in 2022 could be interpreted as a step towards normalisation after the sharp drop experienced during the 2020/21 Covid19 pandemic.
Michael Hüther / Hubertus Bardt / Cornelius Bähr / Jürgen Matthes / Klaus-Heiner Röhl / Christian Rusche / Thilo Schaefer IW-Policy Paper No. 7 17. September 2023
Industrial policy at the turn of the times
The current debate on industrial policy vacillates between the extreme positions of an orthodoxy of rejecting state action and a naive belief in the state's ability to control structural change.
Michael Hüther / Hubertus Bardt / Cornelius Bähr / Jürgen Matthes / Klaus-Heiner Röhl / Christian Rusche / Thilo Schaefer IW
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German Economic Institute (IW) 
