Following the 1990s post-reunification period and since the beginning of monetary union, Germany’s current account has grown substantially. In the crisis years, Germany’s lost about 15 percentage points of GDP in its external investments, but the position continues to grow nevertheless. What are the drivers behind Germany’s current account surplus?
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If you have not yet read Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World by Thomas Fazi and Bill Mitchell – a book one should definitely read – then here is a […]
If an incoming Labour government were to renationalise various badly-performing UK industries, the next Conservative government would take great pleasure in privatising them again. In other words, Labour, don’t waste time and money. Read HERE […]
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