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Germany

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by

Jason Parker

on 1 October 2012

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Transcript of Germany

Germany Total Population - 81 million
Berlin 3.4 million
Hamburg 1.7 million
Munich 1.3 million
Cologne 1.0 million
Population Growth Rate is -.2%
Projected Population 2050 - 77 million Demographics Holidays Cultural Social Market Economy
Largest national economy of Europe
4th largest by nominal GDP in the world
$1.408 trillion exported in 2011
...world's third largest exporter
...exports over 1/3 of Germany's total output
Home to multinational corporations and global brands Germany Economic Overview German Economic Breakdown GDP (annualized)
1998 - 2012 Unemployment Rate
1998 - 2011 Debt-to-GDP
1998-2011 Cultural Icons Age Distribution Sectors
Manufacturing 28%
Services 71%
Agriculture .08% Current Metrics
Unemployment - 6.8%
GDP (annualized) - 0.5%
Debt-to-GDP - 81.2% Germany and the Euro Euro Currency Begins circulation in January 2002
Germany's exports rise by 117% ...but not to Euro zone members In 1998 Euro zone made up 45% of German Exports
In 2011, it had decreased to 39% Strengths Weaknesses Challenges Religion Mittlestand 34% 34% 3.7% 28.3% Mittlestand Creates about 60% of the Jobs
Reputation for Quality Craftsmanship
Often Family Owned and Conservative "You can only wear one pair of pants,
the second one is in the closet, and
you don't need the third" Beethoven Bach Kant Nietzsche Germany's Government & Political Overview Federal Parliamentary System Germany and the Euro crisis Though a standout of Euro economies, not strong enough to guarantee Spanish and Italian debt
No initial boost in GDP from Euro
Germany grew at 1.4% annualized rate 1998 - 2011
France grew by 1.7%
Netherlands 2%
Euro zone 1.6%
Authority Figure
Key negotiator of austerity/bailout packages for struggling Euro nations
Helped Develop:
European Financial Stability Facility
European Stability Mechanism Germany vs Greece (GDP) Germany vs Italy (Unemployment Rate) Strong export economy, weak Euro
Highly skilled workforce
Relative political stability Dependency, no natural resources
Euro zone debt issues
Investment capital leaving Germany's borders Financing Euro zone debt
Implementing austerity plans
Maintaining leadership role
Maintaining GDP growth amid contagion Religious
Easter
Christmas
Ground Hog Day
Oktoberfest 1989-1990 Die Wende East Germany
&
West Germany -Socialist Unity Party
-Stasi
-Centrally Planned Economy
Reunifcation of Berlin Coalition Politics Christian Democratic Union FDP (left-leaning) Christian Socialist Union Angela Merkel Forbe's Most Powerful Woman Forbe's 4th Most Powerful Person CNN: "De facto chief of European Union" German Energy Policy A result of cooperation politics and coalition parties -4th Largest Nominal GDP
-7th in the Adjusted Human Development Index
-Member of the UN Security Council 2012 How did Germany get here? Chancellor serves a Prime Minister role Presidential role is largely representative Challenges Facing Germany

Economic Leadership of EU
Multiculturalism
Low birth-rates & Aging Population
Renewable Energy accounted for 25% of German Power used in the first half of 2012.
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