Table of contents for Can Germany be saved? : the malaise of the world's first welfare state / by Hans-Werner Sinn.

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Contents
			Prologue
			Whither Germany?
	1.		The first shall be last
			From the land of the economic miracle to the sick man of Europe
			The Rise, Decline, and Resurrection of Britain: Lessons for Germany
			France, Austria, the Netherlands and others also overtake Germany
			Intellectual and Scientific Decline in the Land of Goethe
			The Japanese crisis sweeping in
			The Maastricht Treaty: He that hurts another hurts himself 
			The Guinea pig of history 
	2.		How German workers lost their competitive edge
		The globalization shock: China, India, the United States, and many others
		The flight of the SMEs to Eastern Europe
		Germany, a bazaar economy
		Why the bazaar effect is too strong
		The export puzzle
		But the export surplus
		Three coinciding shocks: Euro, internal market, and EU enlargement
		International division of labor: How to profit from globalization
		Excessive labor costs
		Why unit labor costs are irrelevant
		Better or cheaper?
		Why a currency appreciation is not the same as a wage increase
		Does Germany need higher wages to boost aggregate demand?
		What can be learnt from the Americans and the Dutch regarding labor costs
	3.		Trade-union Capitalism
		Unions then and now
		Mocca in the ocean
		Why unions are cartels
		More autonomy for firms
		Working longer 
		Investment wages: a possible way 
		Less dismissal protection, more job security.
		The welfare state as secret accomplice
		Sweden¿s ultimate solution
	4.		Reinventing the German welfare state 
			The case for the welfare state 
			Wage replacement income as job killer
			Low-skilled workers are priced out of the market: The accordion effect
			The German disease: Why the Germans are really running out of work
			Claim and reality: Inequality in the labour market
			The slippery slope
			Mini-jobs with mini-impact: The crowding-out effect
			Preparing the welfare state for globalization
			Activating Social Assistance: A sharp weapon against unemployment
			Early retirement: A vicious circle
			Early retirement with unlimited additional earnings: The better way
5. The withering east
The German Mezzogiorno
Money, money, and still more money
Why the currency conversion was not the problem
Same wages for the same work only in the same location
¿No Japanese, please!¿: The dubious role of the west German bargaining parties 
	The Dutch disease
An attempt at escape
6. Taxes and transfers: The endless loop
			The state: Leviathan or gold carrier
			Among sinners
			The road to debt is paved with good intentions
			Where is all the money going?
			Voting for transfers
			Wasted energy: taxpayers versus beneficiaries
			Chasing subsidies
			Germany may win the world cup for the marginal tax burden
			Are wealth taxes just?
			Why capital cannot really be taxed
			Tax reform 2000: A step in the right direction
			The dual income tax for Germany
	
7.	The birth dearth
Why are the Germans getting ever older?
Country without children
The road to gerontocracy
Pension insurance about to collapse
Pseudo-solutions
Human capital or real capital, but there is no such a thing as a free lunch
A false argument for the funded system
Why immigration really won¿t help solve the problem
Voluntary or mandatory?
			Adenauer¿s error or why Germany needs an active population policy
The French example
Child funded pensions for parents and wealth-funded pension for the childless
Ready for the future: The four pension pillars
8.	EU enlargement, migration and the new EU constitution
			What distinguishes European unification from German Unification?
			The problem of extreme low-wage competition
			How many will be coming?
			Why migration is essentially good 
			Migration into unemployment
			The welfare state as immigration magnet
			The new EU constitution: The road into EU social union
			How one may immigrate into the welfare state without working
			The erosion of the European welfare states
			Selectively delayed integration and the home country principle
	Rethinking the welfare state: The reform program
		Options for Europe and Germany alike
		Germany in the focus
			Item 1: A U-turn in collective bargaining
			Item 2: Less power to the unions!
			Item 3: Less money for staying out of the game, more money for participating
			Item 4: Turning off the immigration magnet
			Item 5: A leaner tax system
			Item 6: More children, more retirement income, more progress
			Item 6+1:New dynamism in east Germany
 	Epilogue
			Reason or experience
	Acknowledgements
	Index

Library of Congress Subject Headings for this publication:

Germany -- Economic conditions -- 1990-.
Labor laws and legislation -- Germany.
Labor market -- Germany.
Foreign trade and employment -- Germany.
Competition, Unfair -- Germany.