Could someone explain German Economics?

[Gilzeantoscore]

Not to sure if that is 100 per cent correct but it was in my brain for some reason.

Yep, the Marshall Plan designed to prevent the defeated Axis Powers from falling into the communist bloc, by re-buliding their post war economies.

 

[ArcspacE]

They make lovely cars (mostly)

 

[inkpenspur]

There are a lot more family run businesses in Germany too...about 25% of engineering businesses in Germany are 3rd generation family owned. This tends to make them have a long term perspective on investment and development, rather than adoptin a more short term approach to investment. You invest for the future generations, especially in R&D. Family run businesses have greater independence which means that the business does not have to take decisions for bankers or shareholders. They can spend money on developing R&D and on the things that will benefit their businesses in the long term.

 

[SteveAWOL]

BBC News - German economic strength: The secrets of success

Imagine a country whose inhabitants work fewer hours than almost any others, whose workforce is not particularly productive and whose children spend less time at school than most of its neighbours. Hardly a recipe for economic success, you might think.

But the country described above is none other than Germany, Europe's industrial powerhouse and the world's second largest exporter; a country whose economy has single-handedly stopped the eurozone falling back into recession and the only nation rich enough to save the euro.

When you consider that only the Dutch work fewer hours among the 34 members of the OECD, that German children spend 25% less time in the classroom than their Italian counterparts, and that there are six more productive economies in Europe alone, these facts appear all the more remarkable.

So why is the German economy so powerful, and what lessons can the rest of us learn from it...

 

[THFC]

Im sure Hitler has had a big impact long term

 

[DubaiSpur]

BBC News - German economic strength: The secrets of success

Thank you for the link, a very interesting read.