... is becoming painfully evident. After so many years of complacency, much of German industry has lost its affinity to the modern industrial process. There is no easy solution inside Germany, and as indicated, too many firms seek the path of least resistance by downsizing and/or relocation in cheaper countries...

... as an industrial location and various other strategies offer some hope to a country that is clearly undergoing a globalisation crisis. © MCB UP Limited 1998 Capitalism Downsizing Germany Globalization International trade Labour market More recently, however, a sinister edge to the process...

... to make cuts in their defence manpower[ 3 ]. In addition, procurement budgets have come under pressure as countries have sought to extract a “peace dividend” and release resources to deal with problems associated with the deep economic recession[ 4 ]. Defence Defence contractors Downsizing...