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Gerhard Fels, former Director, Institut der Deutschen Wirtschaft, Cologne So now, total labor costs in German manufacturing, the mainstay of the country's economy, are the highest in the world, says the Cologne-based Institut der deutschen Wirtschaft (German Economic Institute), a research center. Established by one of the most important and well-financed employer organizations (Arbeitgeberverbande der Metall- und Elektro-Industrie) in 2000, the INSM can use the resources of the employer-supported Institut der deutschen Wirtschaft (IDW) in Cologne. |
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