History of Germany

Resurgence
Angela Merkel, 2008 ©Image Attribution forthcoming. Image belongs to the respective owner(s).
2010 Jan 1

Resurgence

Germany

The economic policies were heavily oriented toward the world market, and the export sector continued to be very strong. 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. While the rest of the European Community struggled with financial issues, Germany took a conservative position based on an extraordinarily strong economy after 2010. The labor market proved flexible, and the export industries were attuned to world demand.


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