This working paper analyses the German social policy reactions to the 2008 Financial Crisis in light of the historical development and findings of comparative welfare state research. Four subsequent fiscal stimulus packages contained several important social policy elements, most importantly short-time work. By international standards, Germany’s social policy response to the crisis was not uncommon, given its economic performance and existing welfare state institutions. What was surprising was the important role trade unions and employers had in formulating these policies. Representatives of the German export-oriented sectors, in particular, were able to leave their mark in 2008/09.
Download: ZeS Working Paper 02/2015