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
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
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