separate from Germany. Since the early 1990s, Austria's economic growth rate has been surpassing the German equivalent by … asymmetric architecture of EMU's macropolicy (excessive real interest rates, fiscal rules of the stability and growth pact … (outsourcing, etc.) may have been a reason for Germany's weak growth. However, since the globalisation effect also applies to …

rich. Their growth performance does not depend on a country's size, but rather on the period of investigation and the phase …