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304. What Are the Secrets of the German Economy — and Should We Steal Them?

Freakonomics Radio

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Germany Is a Stakeholder Economy

Dia marine: Germany is a stakeholder economy in that sense. This culture, marine says, also manifests itself in management style. Her research has shown that german ceos are more willing to grant decision making power to lower management. And that, she argues, improves quality as managers have the best sense of what customers want.

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