Inga Rademacher
DAAD Fachlektor in German and Transnational Politics, Department of European and International Studies, King’s College London
Is economic adjustment driven by business interests? German state capacity and the changing nature of industrial policy
Inga Rademacher - 17 October 2019Is economic adjustment driven by business interests? German state capacity and the changing nature of industrial policy
Many commentators have viewed Germany’s sustained export-led growth as representing the return of a distinctive ‘German Model’ underpinned by an interventionist ‘German industrial state’. However, over the past 30 years, many elements of state support for industries, including tax concessions, subsidies and patient capital, have been reduced. This is part 3 in the series 'Industrial development in a post-crash world'.