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The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...
“A lot has been left behind here over the past decades,” Alfred Kammer, IMF's Europe head, said on Germany's lagging economy. IMF sounds the alarm: ‘There can be no productive economy’ in ...
China is Germany’s fourth-biggest export market but it is facing a cocktail of economic problems — including slowing growth and record youth unemployment — that have crimped demand for ...
The book is a non-fiction economics novel that presents a simple, jargon free economic analysis of numerous historical financial crises across the world. Krugman provides an accessible read to a broad range of audiences, including academics and non-academics, as he compares the economic settings, policies and features that contributed to a ...
Germany’s economy is in a slump, battling a slew of short-term problems and structural challenges. Will it remain stuck in the slow lane or can it be revived? Europe’s growth engine is sputtering.
The economy of Germany indeed contracted in both the second and third quarters putting Germany now in a technical recession. [21] Although the idea was fought for a moment Angela Merkel and the German government approved a €50 billion strong rescue plan to protect the German economy of the crisis, making of it Western Europe's biggest rescue ...
Investor George Soros laid it on the line in a speech today in Berlin: The policy of fiscal retrenchment in the midst of rising unemployment is pro-cyclical and pushing Europe into a deeper and ...
The German Economic Review is a peer-reviewed academic journal of economics published quarterly by John Wiley & Sons on behalf of the Verein für Socialpolitik, of which it is the official English language journal. [1] It was re-established in 2000. [1] It was briefly published in the 1970s. [1]