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Policy Article

Schleswig-Holstein's Economy in Times of Upswing – A Review (in German)

Authors

  • Schrader
  • K.
  • Laaser
  • C.-F.

Publication Date

Key Words

Catching-up process

Federal States

labor market

regional policy

Schleswig-Holstein

Related Topics

Labor Market

International Trade

Germany

Schleswig-Holstein, like all federal states, benefited from the upswing of recent years. In comparison with the development in Germany as a whole and in the other federal states, Schleswig-Holstein's economic successes are put into perspective: A catching-up process did not take place in the 2000s. Due to the creeping loss of importance of the manufacturing industry, better-paid jobs were lost, while newly created service jobs are often less well paid and often only allow part-time employment. Due to Schleswig-Holstein's narrow industrial base, Schleswig-Holsteins’s economy benefited less from the export driven upswing of the recent years. Moreover, an evaluation of state rankings shows that the Schleswig-Holstein economy lacks breadth and depth in terms of innovative strength and future orientation.

Kiel Institute Expert

  • Dr. Klaus Schrader
    Kiel Institute Researcher

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