The German labour market is one of the four key determinants of economic welfare. In this paper the role of the state and the state acting on the labour market will be discussed.
Firstly it will be shown, which assignment has been given to the state within the German law. Secondly the instruments of monetary and fiscal policy will be shown as well as individual governmental activities, which have impact on the German labour market. In a further step, current governmental activities will be assessed whether they are able to decrease unemployment or not. In particular, it will be shown that instruments increases overall economic demand, reducing labour time or regulating labour market do not lead to increased economic welfare but increasing unemployment
Inhaltsverzeichnis (Table of Contents)
- EXECUTIVE SUMMARY
- TABLE OF CONTENTS
- LIST OF FIGURES
- 1 INTRODUCTION
- 2 THE ECONOMIC SYSTEM
- 3 OBJECTIVES OF ECONOMIC POLICY
- 4 INSTRUMENTS OF ECONOMIC POLICY
- 5 THE ROLE OF THE STATE IN LABOUR MARKET
- 5.1 Economic situation on German labour market
- 5.2 Reasons of Unemployment
- 5.3 Economic Assessment of governmental instruments
- 5.3.1 Wages
- 5.3.2 Labour time
- 5.3.3 Dismissal protections
- 6 CONCLUSION
- BIBLIOGRAPHY
- ITM-CHECKLISTE
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This assignment examines the economic role of the German state, its socio-political objectives, and the instruments it utilizes to achieve these objectives. It specifically focuses on the impact of state actions on the German labor market, particularly analyzing whether these instruments lead to desirable results.
- The role of the state in the German economy
- Socio-political objectives of the German state
- Instruments of economic policy used by the German government
- Impact of these instruments on the German labor market
- Assessment of whether these instruments lead to increased economic welfare or unemployment
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction outlines the current economic challenges facing Germany, highlighting the role of government in addressing issues such as unemployment, recession, and social needs. It emphasizes the state's role in redistributing income and intervening in market processes to achieve social and economic objectives.
The paper further delves into the economic system, exploring the objectives of economic policy and the various instruments utilized by the government. It examines the impact of these instruments on the German labor market, including the economic situation, causes of unemployment, and the assessment of governmental interventions on wages, labor time, and dismissal protections.
Schlüsselwörter (Keywords)
The key terms and concepts explored in this paper include the role of the state, economic policy, labor market, unemployment, economic welfare, governmental instruments, wages, labor time, and dismissal protections.
- Quote paper
- Andre Wiedenhofer (Author), 2006, The role of the state, Munich, GRIN Verlag, https://www.grin.com/document/76337
