Standort dialogue between government and business in ght context of polycrisis in Germany
By the end of 2024, Germany’s economic and political environment has continued to suffer a decline in competitiveness due to a series of overlapping crises. The risk of productive factors exiting the country has increased, a process commonly referred to as the «deindustrialization of the economy». T...
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| Format: | Article |
| Language: | Russian |
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Institute of Europe Russian Academy of Sciences
2024-11-01
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| Series: | Научно-аналитический вестник Института Европы РАН |
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| Online Access: | http://dx.doi.org/10.15211/vestnikieran520243750 |
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| author | Vladislav B. Belov |
| author_facet | Vladislav B. Belov |
| author_sort | Vladislav B. Belov |
| collection | DOAJ |
| description | By the end of 2024, Germany’s economic and political environment has continued to suffer a decline in competitiveness due to a series of overlapping crises. The risk of productive factors exiting the country has increased, a process commonly referred to as the «deindustrialization of the economy». This development impacts the interests of all key stakeholders involved in the formation of Germany’s Standort product – the nation’s economic-political and socio-economic space competing globally, especially with the United States and China. Both the government and business, represented by interest groups, are motivated to counteract these adverse trends by retaining capital and labor within Germany’s economic territory, as well as attracting them from other economic locations. Success in this endeavor largely depends on their interaction, rooted in dialogue and constructive exploration of Standort-related tools and policies. This article represents the first in domestic scientific literature to analyze the current interaction between Germany’s executive branch and business interest groups, aimed at steering the German Standort out of its polycrisis state and restoring its competitiveness. The article evaluates the effectiveness of these interactions and the potential for implementing the agreements reached. |
| format | Article |
| id | doaj-art-c14a9fd921b64ee784c5707eba5973d1 |
| institution | Kabale University |
| issn | 2618-7914 |
| language | Russian |
| publishDate | 2024-11-01 |
| publisher | Institute of Europe Russian Academy of Sciences |
| record_format | Article |
| series | Научно-аналитический вестник Института Европы РАН |
| spelling | doaj-art-c14a9fd921b64ee784c5707eba5973d12025-01-22T16:57:01ZrusInstitute of Europe Russian Academy of SciencesНаучно-аналитический вестник Института Европы РАН2618-79142024-11-014153750http://dx.doi.org/10.15211/vestnikieran520243750Standort dialogue between government and business in ght context of polycrisis in GermanyVladislav B. Belov0https://orcid.org/0000-0002-5096-193XInstitute of Europe, Russian Academy of Sciences, Moscow, RussiaBy the end of 2024, Germany’s economic and political environment has continued to suffer a decline in competitiveness due to a series of overlapping crises. The risk of productive factors exiting the country has increased, a process commonly referred to as the «deindustrialization of the economy». This development impacts the interests of all key stakeholders involved in the formation of Germany’s Standort product – the nation’s economic-political and socio-economic space competing globally, especially with the United States and China. Both the government and business, represented by interest groups, are motivated to counteract these adverse trends by retaining capital and labor within Germany’s economic territory, as well as attracting them from other economic locations. Success in this endeavor largely depends on their interaction, rooted in dialogue and constructive exploration of Standort-related tools and policies. This article represents the first in domestic scientific literature to analyze the current interaction between Germany’s executive branch and business interest groups, aimed at steering the German Standort out of its polycrisis state and restoring its competitiveness. The article evaluates the effectiveness of these interactions and the potential for implementing the agreements reached. http://dx.doi.org/10.15211/vestnikieran520243750germanyeuropean unioneueconomyeconomic-political environmenteconomic standortcompetition |
| spellingShingle | Vladislav B. Belov Standort dialogue between government and business in ght context of polycrisis in Germany Научно-аналитический вестник Института Европы РАН germany european union eu economy economic-political environment economic standort competition |
| title | Standort dialogue between government and business in ght context of polycrisis in Germany |
| title_full | Standort dialogue between government and business in ght context of polycrisis in Germany |
| title_fullStr | Standort dialogue between government and business in ght context of polycrisis in Germany |
| title_full_unstemmed | Standort dialogue between government and business in ght context of polycrisis in Germany |
| title_short | Standort dialogue between government and business in ght context of polycrisis in Germany |
| title_sort | standort dialogue between government and business in ght context of polycrisis in germany |
| topic | germany european union eu economy economic-political environment economic standort competition |
| url | http://dx.doi.org/10.15211/vestnikieran520243750 |
| work_keys_str_mv | AT vladislavbbelov standortdialoguebetweengovernmentandbusinessinghtcontextofpolycrisisingermany |