Mönnig, Anke; Wolter, Dr. Marc Ingo - EcoMod Network - 2013
. Whereas Germany holds a strong trade surplus other neighbouring countries show a deep trade deficit. The result is that some … economies in Europe have built-up high debts in order to purchase foreign products, whereas others – like Germany – have … Monetary Fund, Christine Lagarde, has expressed her dislike of the German growth model: by reducing labour unit costs, Germany …