Germany Flashcards
(52 cards)
(Germany’s central bank)
Bundesbank
He became chancellor, and the SPD formed a coalition government with the
environmentalist Green Party that lasted 7 years (1998–2005).
Gerhard Schröder
who then won reelection in 2009 with her preferred coalition partners, the Free Democrats (FDP).
Angela Merkel
Spending cuts, layoffs,
and wage decreases
meant to address budget
problems.
austerity policies
a term often used to describe the Federal Republic’s unusual economy,
focused heavily on industrial exports.
Modell Deutschland (the German model),
Laws that set broad
parameters for economic
behavior but that requires
subsequent elaboration,
often through formal
agreements between
employers and employees.
framework
regulations
this system regulates
not the details, but the general rules of the game under which all actors must play.
This pattern, known as ________________, has enabled German economic
policy to avoid the abrupt lurches between laissez-faire and state-led economic policy
that have characterized post–World War II Britain.
framework regulations
A system that aims to
combine the efficiency of
market economies with a
concern for fairness for a
broad range of citizens
social market
economy
A semipublic institution
that administers
insurance contributions
from employees and
employers and thus
pays for health care for
covered participants.
health insurance fund
A bargaining system in
which important policies
are established and often
carried out with the
participation of trade
unions and business
associations.
democratic
corporatism
The right of craftsmen
to control who can learn,
enter, and practice their
craft.
guild system
The social market economy is part of the broader system of ______________, in which national (and state) governments delegate certain policymaking authority to private and semipublic institutions.
democratic corporatism
The legal right of
employees to elect
representatives to help
determine the direction
of the company in which
they work.
codetermination
A group of firm
employees elected by
coworkers to represent
the workforce in
negotiations with
management at that
specific shop or company
Works council
allows representatives of workers and trade unions to obtain voting
seats on the supervisory boards of directors of firms with 2,000 or more employees.
Codetermination
Until recently, Germany’s only large ethnic minority originated in the _____________
program of the 1960s.
Gastarbeiter
British political scientists ________& ________ refers to Germany as a “reluctant hegemon.”
William Paterson and Simon
Bulmer
A policy to shift German
energy consumption from
fossil fuels and nuclear to
sustainable sources such
as wind, solar, hydro, and
biomass.
Energiewende
The nineteen EU
members who share
a common currency,
the euro. Of the nine
remaining EU members,
all but Denmark (optout) and the UK (leaving
EU) are obliged to join
the Eurozone.
Eurozone
The 1949 protoconstitution of the Federal Republic, which
continues to function
today
Basic Law
The ___________ is a professional (all-volunteer) army in a country deeply skeptical of the use of force.
Bundeswehr
The 2016 “Best Countries” ranking, by ____________, placed Germany #1 overall.
US News and World Report
The ________ is elected by the
Federal Convention (an electoral college of all Bundestag members and an equal
number of delegates elected by the state legislatures).
president
who previously served as foreign minister and is widely respected by Social Democrats and Conservatives.
Frank-Walter Steinmeier