Working Paper

Economic and Political Governance in Germany's Social Market Economy


  • Siebert
  • H.
Publication Date

Germany's system of economic and political governance strongly relies on group decision-making and consensus to solve economic issues. This approach relates to a wide spectrum of decisions, including the social partners with the trade unions and the emplo


JEL Classification
D72, G3, H1, H7, J5

Key Words

  • Bundesrat and law-making
  • Codetermination
  • consensus
  • distributive federalism
  • governance
  • governance of government
  • governance of the universities
  • group decisionmaking
  • voting system