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Trade unions in Germany have a history reaching back to the German revolution in 1848, and still play an important role in the German economy and society. In 1875 the SPD, the Social Democratic Party of Germany, which is one of the biggest political parties in Germany, supported the forming of unions in Germany. [ 61 ]
This is a timeline of German history, comprising important legal and territorial changes and political events in Germany and its predecessor states. To read about the background to these events, see History of Germany. See also the list of German monarchs and list of chancellors of Germany and the list of years in Germany
As of 2013, Germany is the third-largest exporter and third-largest importer in the world, producing the largest trade surplus as a national economy. The German economy practically stagnated in the beginning of the 2000s. The worst growth figures were achieved in 2002 (+1.4%), in 2003 (+1.0%), and in 2005 (+1.4%). [75]
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
Brinkmann, Carl. "The Place of Germany in the Economic History of the Nineteenth Century". Economic History Review 4#2 (1933), pp 129–146. online. Buse, Dieter K. ed. Modern Germany: An Encyclopedia of History, People, and Culture 1871-1990 (2 vol 1998) Clapham, J. H. The Economic Development of France and Germany: 1815-1914 (1921) online, a ...
Holger Schmieding, the economist who first called Germany the “sick man of Europe” in 1998, thinks the “current wave of pessimism” over its economy is overdone.
The fallout has left Germany projected to be the worst-performing major economy this year, shrinking by 0.5%, according to the International Monetary Fund. Prospects for next year are only a ...
The economic policies were heavily oriented toward the world market, and the export sector continued to be very strong. [13] Prosperity was pulled along by exports that reached a record of $1.7 trillion US dollars in 2011, or half of the German GDP, or nearly 8% of all of the exports in the world.