TITLE

Growth and Investment Dynamics in Germany After the Global Financial Crisis

AUTHOR(S)
Erber, Georg; Hagemann, Harald
PUB. DATE
February 2013
SOURCE
DIW Economic Bulletin;Feb2013, Vol. 3 Issue 2, p15
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The German economy recovered more rapidly than the majority of other developed countries from the severe slump that the global economic and financial crisis brought in its wake. Weak demand in the euro area was offset by robust growth in exports to countries outside the region. The German economy's strong competitive position on global markets, particularly on the dynamic emerging and developing markets, played a vital role here. In contrast, over the last decade, the euro area's crisis countries in particular have experienced a decline in their competitiveness on international markets. Due to their dependence on the single European market and failure to focus on innovative products in demand on global markets, they are among the losers in the global competition for foreign direct investment. The reforms that have been introduced will not be able to generate an immediate trend reversal. Even Germany will struggle to maintain its favorable market position as global structural change and competition to attract business to the region are likely to increase in intensity.
ACCESSION #
88011035

 

Related Articles

  • THE INFLUENCE OF THE GLOBAL CRISIS ON GERMAN ECONOMY. Barsauskas, Petras; Kurschus, Ralph-Jörn; Pilinkiene, Vaida // Transformation in Business & Economics;Dec2011, Vol. 10 Issue 3, p197 

    article analyses the influence of the global crisis on German economy and its sectors. The difficulties in market economy have increased since the real estate market in the USA collapsed and a worldwide economic crisis spread out. The research made by defining and analyzing the main factors of...

  • Securing Jobs in Times of Recession. The German Experience during the Financial Crisis 2008/2009. DIETZ, MARTIN; STOPS, MICHAEL; WALWEI, ULRICH // Estudios de Economía Aplicada;Apr2012, Vol. 30 Issue 1, p59 

    As a consequence of the global financial crisis Germany experienced the deepest slowdown of its economy since World War II. However, given the sharp decrease of GDP the German labour market was quite stable compared to previous recessions when the labour market response was stronger. Therefore,...

  • Inflation or deflation? Thredgold, Jeff // Enterprise/Salt Lake City;8/23/2010, Vol. 40 Issue 7, p9 

    The author discusses the strong performance of the German economy which has grown 9% compared to 2.4% in the U.S. since 1990. Compared to Eurozone 10% unemployment rate, Germany has regained the jobs lost since the economic meltdown. Despite this strong performance, tensions run high in the...

  • The Changing German Landscape. Daucourt, Thierry // Risk Management (00355593);Jun2009, Vol. 56 Issue 5, p60 

    The article discusses the economic situation in Germany as of June, 2009, from the perspective of risk management. It is said that the global financial crisis which began in 2008 has led to widespread financial hardship and resentment of corporate executives. The standards of the German...

  • LESS VEGAS. Stein, Joel // Time;8/24/2009, Vol. 174 Issue 7, p22 

    The article discusses economic repercussions in Las Vegas, Nevada owing to the financial crisis and U.S. recession. It speaks of bargains that are available in all areas of Las Vegas commerce, cessation of population growth in the city, and the city's leading real estate foreclosure rate among...

  • Does Asian Financial Crisis Serves as a Precursor for Global Financial Crisis? Danjuma, Yahaya; Baba, Aliyu Aminu; Fateh, Sanusi Abdulkadir // Research Journal of Finance & Accounting;2013, Vol. 4 Issue 6, p185 

    This study is motivated with the recent happenings in the global economy. A financial crisis hit Asia in 1997- 1998 which led to the down fall of some Asian countries financially. With the fall of socialist Soviet government which led to recommendation of new world economic order in a conference...

  • Inovação metodológica sobra a crise financeira internacional: Keynes visita Beijing. MACHADO NETO, JOSÉ RIBEIRO // Meridiano 47 - Boletim de Análise de Conjuntura em Relações I;feb2009, Issue 103, p5 

    This article deals with the China's position over the global financial crisis, whose economic political measures distinguish themselves by the keynesian focus.

  • GOP Plan to Roll Back CRA Sparks Heated Debate. Hopkins, Cheyenne // American Banker;4/16/2010, Vol. 175 Issue F314, p3 

    This article reports that a debate was restarted by actions of U.S. Representative Jeb Hensarling over the role of the Community Reinvestment Act in the current financial crisis.

  • One crisis, with many monikers. COMTOIS, JAMES // Pensions & Investments;9/16/2013, Vol. 41 Issue 19, p8 

    The article focuses on several public and private terms related to financial crisis in 2008 which include the Global Financial Crisis (GFC), the Second Depression and Lehman Shock.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics