Back to category: People Limited version - please login or register to view the entire paper. Germany and Cambodia GERMANY ECONOMY Germany is the worlds third largest technologically powerful economy in the world. its economic development is based on an alliance of industrial business people with the Prussian aristocracy. Such a strong economy helped to carry them into two world wars and survive largely intact. Between 1951-1961 GNP (gross national product) was up 8%, while at the same time exports trebled. This was an outstanding event in the history of both west Germany and Europe. While growth picked up by 3% in 2000, unemployment is still a major long term problem. Corporate restructuring and growing capital markets are transforming the German economy to meet the challenges of European economic integration and globalization in ge... Posted by: Jack Drewes Limited version - please login or register to view the entire paper. |
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