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Article: German Thatcherism: the structural and historic limits to making Germany more "Anglo-Saxon.".
- Article from:
- The International Economy
- Article date:
- January 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 International Economy Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The lessons of the Thatcher era--which brought deregulation, privatization, and a reduction in the powers of the trade unions to the United Kingdom some twenty years ago--have not been lost on other countries. Europe in general and Germany in particular have been attentive pupils. Europe's Lisbon Agenda aims to boost growth via the classic Thatcherite methods of deregulation and greater economic flexibility. It stands in sharp contrast with previous European initiatives, such as the Social Chapter adopted during the era of former EU President Jacques Delors at the 1989 Madrid Economic Summit.
Moreover, Germany has adopted a radical program of economic ...
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