March 2004

IZA DP No. 1059: Can Gerhard Schröder Do It? Prospects for Fundamental Reform of the German Economy and a Return to High Employment

published in: David P. Conradt et al., A Precarious Victory: Schroeder and the German Elections of 2002, New York, Berghahn Books, 2005

The year 2003 has witnessed several major reform policy initiatives in Germany intended to contribute to a solution to Germany's high unemployment problem and to improve the longrun sustainability of its social welfare policies. These economic reforms are discussed within a larger macroeconomic context.