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Staatlich verschuldete Wachstumsstörungen

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  • Hamm Walter

Abstract

The Federal Government of Germany is responsible in many fields of activities that more assets are consumed than created and that chances for growth-oriented production and productivity are not taken.Therefore, it is no surprise that Germany’s economic growth and increase in prosperity lack behind the comparative figures of other EU states. The productive forces are prevented from developing fully. Previously created assets (savings and capital) are partly used up (borrowed prosperity). Thus, opportunities are ruined for creating better conditions of growth in the future.In this article an overview of the different forms of government-organized consumption of assets is given by means of several excamples. The demographic development urgently requires a departure from this wrong track and the adoption of a responsible growth-oriented strategy, as other states have done.

Suggested Citation

  • Hamm Walter, 2004. "Staatlich verschuldete Wachstumsstörungen," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 55(1), pages 153-168, January.
  • Handle: RePEc:bpj:ordojb:v:55:y:2004:i:1:p:153-168:n:10
    DOI: 10.1515/ordo-2004-0110
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    1. Hamm Walter, 2002. "Finanzpolitik für die kommende Generation," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 53(1), pages 1-20, January.
    2. Schüller Alfred, 2000. "Soziale Marktwirtschaft und Dritte Wege," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 51(1), pages 169-202, January.
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    Cited by:

    1. Schüller Alfred, 2009. "Krisenprävention als ordnungspolitische Aufgabe / The role of institutional economics in crisis prevention," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 60(1), pages 355-388, January.

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