It was just before the turn of the millennium that the British business magazine The Economist passed a verdict on the German economy, referring to the country as the sick man of Europe. Such an assessment served as a wake-up call for German politics, which, still intoxicated by the economically strong years after reunification, had been dragging its feet on reforms. The government of Chancellor Gerhard Schröder then reformed the labor market, which finally paid off: In 2014, a group of economists from Berlin and London wrote that Germany had developed"From sick man of Europe to an economic superstar." The German ... (full story)