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Available data suggest that, between 2006 and 2012, Germany may have suffered losses to the value of more than 20% of annual economic output on its net foreign assets. Were these presumed losses on German net foreign assets coincidental or can they be attributed to deeper causes? Over time,...
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Shortly before the parliamentary election in 2013, Germany is riding on a wave of euphoria: hardly any other euro country has weathered the financial and debt crisis so well. Since 2009, GDP has grown by over eight percent and 1.2 million new jobs have been created. Public finances were...
Persistent link: https://www.econbiz.de/10010318050
While many countries in the euro area are deep in recession due to a debt and structural crisis, the German economy appears to have excelled compared to many other euro area countries. Unemployment has fallen to the lowest level since German reunification, economic output has grown by over eight...
Persistent link: https://www.econbiz.de/10010318051
While many countries in the euro area are deep in recession due to a debt and structural crisis, the German economy appears to have excelled compared to many other euro area countries. Unemployment has fallen to the lowest level since German reunification, economic output has grown by over eight...
Persistent link: https://www.econbiz.de/10011128073
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The global economy is stalling. Global production increased by only 3.3 percent last year-the lowest growth rate since the financial crisis-and is expected to rise by only 3.3 percent in 2016 as well, which is lower than originally predicted. The reason for the sluggish growth lies primarily in...
Persistent link: https://www.econbiz.de/10011443431
The world economy has yet to regain momentum: after the already weak final quarter of 2015, the pace of expansion slowed down again in the first quarter of 2016. In the emerging countries' economies, growth is expected to remain subdued, especially in China, where the gradual slowdown continues...
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