As a follow-up to R.E.S.P.E.C.T. for Germany's Economic Model I would like to recommend The Economist's latest issue:
Europe is widely regarded as a place with a sclerotic economy burdened by high labour costs. But our special report on Germany this week suggests that, in the continent's biggest economy at least, that's not the case. Germany has succeeded in ruthlessly holding down labour costs over the past decade, which has helped it maintain its unparalleled success as an exporter. Germany is rightly proud of this; but for the neighbours, it is not necessarily good news.