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This working paper sugggest that much scope remains to make regulation of product markets more conducive to competition - notwithstanding progress in recent years - with substantial benefits for consumer welfare, productivity and employment.
Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some weakening in Germany’s position relative to other OECD countries has occurred recently, as discussed in this working paper.
This working paper suggests that while the German federal fiscal system has been successful in promoting a high standard of living even in regions whose economic capacity is low, tensions have emerged.
Investment in information technologies has by no means been confined to the United States and yet, average European or Japanese growth experience has been quite different.