Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Marin’

Restoring Competition in the Digital Economy

Posted by hkarner - 18. Mai 2017

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What’s the Matter With Austria?

Posted by hkarner - 15. Juni 2016

Photo of Dalia MarinFor Austrian Insiders: Dalia is the wife of Bernd Marin (hfk)

Dalia Marin

Dalia Marin is Chair of International Economics at the University of Munich and a senior research fellow at Breugel, the Brussels-based economic think tank.JUN 15, 2016, Project Syndicate

MUNICH – Last month, Austria avoided the election of a president from the xenophobic Freedom Party by the skin of its teeth. Indeed, the Freedom Party is now challenging the result. Given the worrying nature of the populist challenge, and its implications for European politics and the handling of the refugee crisis, it is important to diagnose what ails Austria, so that the cure doesn’t end up being worse than the disease.

Austria was once lauded as Germany’s more successful neighbor, one of Europe’s fastest-growing countries. But its economy has been sputtering since 2012, with GDP up last year by a meager 0.7%; only Greece and Finland performed more poorly. And Austria’s unemployment rate has soared, from 5% in 2010 to 10% today.

These developments have their origins in how Austria engaged with Central and Eastern Europe after the fall of communism. At first, Austria benefited from the European Union’s eastern enlargement. International trade soared, Austrian firms invested heavily in the region, and Austrian banks opened subsidiaries there, financing these countries’ modernization. All of this was good for business, and the Austrian economy grew rapidly. Den Rest des Beitrags lesen »

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Germany is Not Volkswagen

Posted by hkarner - 7. Oktober 2015

Photo of Dalia MarinIt takes an Austrian lady to tell the Germans what they are good at! (hfk)

Dalia Marin

Dalia Marin is Chair of International Economics at the University of Munich and a senior research fellow at Breugel, the Brussels-based economic think tank. Dalia Marin ist eine österreichische Volkswirtschaftlerin (Wikipedia).

OCT 7, 2015, Project Syndicate

MUNICH – The Volkswagen scandal has raised questions about the German model of production. If the success of the company’s diesel-powered vehicles was due in part to fraudulent efforts to conceal the amount of harmful pollutants they emitted, will similar revelations at other companies call into questions the country’s transformation from “the sick man of Europe” to an export-driven economic powerhouse?

Fortunately, the answer is almost certainly no. Germany’s competitive advantage has less to do with chicanery than with how its firms are structured and the culture in which they operate. Germany’s leading car company is an exception to the manufacturing rules that have driven the country’s success, not an example of them. Den Rest des Beitrags lesen »

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