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In developing countries, taxation is perceived as a brake on economic growth. Indeed, taxes in most of these countries are not sufficiently adapted to the specificity of the taxpayer and often do not consider the weak administrative capacity of the countries in the region. In this context,...
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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...
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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...
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Germany's economic profile gives reason to believe that the country will emerge strengthened from the current economic crisis. Germany boasts the world's highest share of value-added output attributable to (R&D) intensive goods and knowledge intensive services. At the same time, Germany...
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As a country highly specialized in the production of investment goods, Germany has been especially hard hit by the global recession. Because the production profile of German industry is technology-intensive, however, there is reason to believe that Germany will emerge from the present economic...
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