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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/10011128083
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
No large industrialized nation is as strongly specialized in the production of R&D-intensive goods as Germany. In the crisis year 2009 these export-oriented industries had to pass a crucial test. The slump in sales endangered both specialized jobs and the financing of high R&D expenditures, and...
Persistent link: https://www.econbiz.de/10009225754
The strong reliance of the German economy on the industry sector has been a point of criticism for years now. Germany is too strongly focused on export, making it susceptible to crises and fluctuations in demand and exchange rates, the critics allege. A non-critical look at the numbers during...
Persistent link: https://www.econbiz.de/10009225755
Based on capital stock, in total, over six trillion euros less was invested in the European Union between 1999 and 2007 than in the non-European OECD countries, including the US, Canada, and Japan. In the euro area, investment was more than 7.5 trillion euros less than in non-European OECD...
Persistent link: https://www.econbiz.de/10010790564
Only strong economic growth will help Europe emerge from its crisis. The reforms implemented to date at national and European level have failed to impact the economypositively; this is due to excessive national, corporate, and private debts, the flawed banking system, the lack of structural...
Persistent link: https://www.econbiz.de/10010790565
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
The construction industry remains a key pillar of the German economy. According to the latest construction volume calculations by DIW Berlin, the value of construction in 2014 and 2015 is forecast to grow far more rapidly than the economy as a whole: by a price-adjusted 3.3 percent and 2.1...
Persistent link: https://www.econbiz.de/10011185717
Between 2000 and 2009, China became the second largest industrialized nation, while manufacturing industries in other emerging and many Eastern European countries also experienced very strong growth. However, Germany was largely able to maintain its share of global industrial output. In 2009, as...
Persistent link: https://www.econbiz.de/10010783930
A significant rise in Germany's construction volume is expected for this year and the next, even if the growth is not as pronounced as it was in 2016. According to DIW Berlin's latest construction volume calculations, the sum of all new construction and building refurbishments will increase in...
Persistent link: https://www.econbiz.de/10011613554