Gerhard Schroeder
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Leadership Challenges 2020: The void of German politics

German politics have reached an unprecedented level of incoherence and, with no clear source of leadership, the situation is likely to worsen. The Christian Democrats may survive the 2021 federal elections. However, they will need to seek new allies to govern, leaving them in poor shape to address the pressing economic and social issues that face Germany.

Cronyism puts democracies and markets at risk
Behind the malaise afflicting Europe’s democracies and economies is an overlooked cause: cronyism. Big government can encourage businesses to seek favors from politicians and regulators. When that happens, the accountability needed for markets and democracies to function properly disappears. It is time to view crony capitalism as a systemic threat.


Germany - the not-so fit man of Europe
News of a slowdown in the German economy came as a surprise to many, including the German government. Is the only powerful growth engine of the eurozone suddenly running out of steam? The German economy is not as robust as one may think and its long-term prospects for growth are ...


Europe’s economies hobbled by one size fits all policy
Germany’s economy has shown a dramatic turn-round. It was the sick man of Europe when the euro was launched in 1999 and today its exports are at a record high. But Germany’s ‘business model’ has won criticism rather than praise. Is this criticism valid or is the inflexibility of the ...


Francois Hollande’s French economic policy faces both ways
The stakes are high to sort out the difficulties in the French economy. And as unemployment increases to 3.26 million and the economy tips into recession President Francois Hollande has little room to manoeuvre without threatening the European project. But will the president be bold enough to launch deep reforms ...

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