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Austerity: The History of a Dangerous Idea
by Mark Blyth

Austerity: The History of a Dangerous Idea
by Mark Blyth

Austerity: The History of a Dangerous Idea
by Mark Blyth

245

Postscript

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terms
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notes

Blyth, M. (2015). Postscript. In Blyth, M. Austerity: The History of a Dangerous Idea. Oxford University Press, pp. 245-335

Hartz reforms (en)

a set of recommendations submitted by a committee on reforms to the German labour market in 2002; named after Peter Hartz (head of the committee); goal: to reduce unemployment

268

Germany's 2000s turnaround is often attributed to the so-called Hartz reforms of that decade, which reduced welfare protections and increased labor market participation.

he says this is false because: wages actually fell for the decade prior to reforms because of reunification + expansion of German auto sector abroad (?); all these reforms did is increase inequaity

—p.268 by Mark Blyth
notable
8 years, 10 months ago

Germany's 2000s turnaround is often attributed to the so-called Hartz reforms of that decade, which reduced welfare protections and increased labor market participation.

he says this is false because: wages actually fell for the decade prior to reforms because of reunification + expansion of German auto sector abroad (?); all these reforms did is increase inequaity

—p.268 by Mark Blyth
notable
8 years, 10 months ago