@acemaxxanalytics are you aware/can you recommend any study that compares the share of social benefits of the budget between #Germany and other countries (maybe same countries used to show that German economy is stagnating). my theory is, it's not only about being export-oriented and bureaucratic, but also about how the available "income" is handled 🤷♂️, my assumption is, comparable countries that are growing don't have as much social benefits as Germany (therefore, allowing more investments)
I’m afraid you are completely wrong. I’m not sure whether you are talking about “equity-efficiency tradeoff”? However, this relationship is far more complex than a simple tradeoff:
Many countries with extensive social safety nets (like #Nordic nations) maintain strong economic performance while providing robust #social support.
2)
Their experiences suggest that well-designed #social programs can actually enhance growth by supporting #humancapital development, reducing economic insecurity, and maintaining consumer spending during downturns.
3)Additionally, economic #stagnation often stems from multiple factors beyond social spending, including demographic changes, technological disruption, monetary (austerity) policy, (lobsided) trade (export-oriented) relationships …..
@acemaxxanalytics thanks for taking the time to answer me. I am not an expert, so sorry if my question was wrong. 🙏