Yet what do neighbours think about Germany? There
seems to be more or less euphoria when it comes to Germany
and its success in some of the neighbouring countries. The
Nordic countries, for example, are very fond of the German
model and want to copy in particular its labour relations
and labour market institutions (see Hassel), yet some fear
the negative effects of German low wages (see Sauramo).
Boyer, one of the fathers of the ‘théorie de la régulation’ in
this book sees a new German model rising when compared
to France, severely shaken by the crisis.

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