Term Eurosclerosis: German Economist and Wasn T

term eurosclerosis: Right now, Japan is one such country, according to The Japan Times. But in many ways, Germany looks like the most successful economy in the developed world. When things aren't working, one good idea is to look around and see which countries are doing better. This wasn't always the case. In the late 2000s, even as the U.S. economy boomed, Germany's unemployment rate exceeded 10 percent. It was a German economist who coined the term Eurosclerosis to describe the slow growth that plagued the country from the 1980s through the 1990s. (news.financializer.com). As reported in the news.