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Germany's credit rating by credit rating agencies Standard & Poor's, Moody's, and Fitch Ratings stands at the highest possible rating AAA with a stable outlook in 2016. [140] Germany's "debt clock" (Schuldenuhr) reversed for the first time in 20 years in January 2018. It is now currently increasing at 10,424.00 per second (October 2020).
Germany’s challenges span the structural and cyclical, domestic and geopolitical, creating a perfect storm for the country’s economy that most economists see little way out of in the short run.
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 ...
Germany grew complacent during a “golden decade” of economic growth in 2010-2020 based on reforms under Chancellor Gerhard Schroeder in 2003-2005 that lowered labor costs and increased ...
The Economic Development of France and Germany: 1815-1914 (1921) online, a famous classic, filled with details. Clark, Christopher. Iron Kingdom: The Rise and Downfall of Prussia, 1600-1947 (2006) Curi, Luiz Felipe Bruzzi, and Ian Coelho de Souza Almeida. "Beyond the Sonderweg: defining political economy in 19th-century Germany."
Germany's government said Wednesday that its economy, Europe's biggest, is on track to shrink for a second consecutive year — underlining the unpopular administration's troubles as it heads into ...
Industrialization in Germany was the phase of the breakthrough of industrialization in Germany, beginning at the time from around 1815 to 1835. [ 1 ] [ 2 ] This period was preceded by the periods of pre-industrialization and early industrialization.
Germany’s economy shrank last year for the first time since the onset of the Covid-19 pandemic. The outlook isn’t much brighter: The International Monetary Fund sees zero economic growth this ...