Sunday, December 12, 2010
Economy: Germany to the United States challenge the.
<P> Late last month, Munich, Germany, ifo Institute for Economic Research published a data Germans very excited, this is the business climate index. .The executives based on the 7000 survey conducted, July ifo business climate index points from 101.8 in June rose to 106.2 points, the highest since July 2007 the highest level since the monthly growth rate is highest since 1990 .began compiling the data the highest level since. .Na Yifu Institute Hans - 维内尔辛恩 words, the German business community gathered to celebrate the re-enter the atmosphere. .</ P> <P> financial crisis, Germany's export-oriented economic model has been the United States and other European countries criticized. .As the world's second-largest exporter, Germany, along with China, is said to be caused by the initiator of global economic imbalances, the financial crisis led to the weakening global trade arguments do seem appropriate for this footnote --- German economic growth in 2009 .negative 5%. .However, as demand in emerging economies return to growth, German exports increased rapidly since the beginning of this year. .Previously published reports show German exports in May increased by 9.2%. .Demand manufacturing orders, making the job market improved. .Statistics show that the unemployment rate in Germany in June the 12th consecutive monthly decline. .German economic growth this year expected to increase again, economists generally agreed that Germany's economic growth to 2% or higher. .</ P> <P> rapid economic good substantial increase in the transfer of German self-confidence, while Europe's debt crisis is accidentally let Germany once again become the leader in the European economy. .German toasting gesture of sympathy for success now and begin to judge a provoked the other side of the Atlantic, the world's largest economy, and American economic growth model into question. .Although the U.S. Treasury Secretary Timothy Geithner has vowed that the U.S. economy will not double dip, Barack Obama has also repeatedly stressed that the economic road on the right track, but many economists worried that the U.S. economic recovery, lack of motivation, .economy may be another recession. .Released last month, the Fed reported economic situation lowered growth forecast for this year, while increasing the unemployment rate forecast. .High unemployment rate of no less than the U.S. economy has become the "Achilles heel." .No job no income, no income, no consumption, which makes the consumer-driven model of economic loss of U.S. power. .Meanwhile, the U.S. real estate black hole so far unsolved, Freddie Mac and Fannie Mae did not mention the reform agenda. .Government tried to implement a new round of economic stimulus plan, but the plan was blocked in Congress. .Great economic uncertainty in testing the vulnerability of the American people the confidence and patience, but also to other side of the Germans began to confidently model of economic development for their own defense and relentless criticism of the U.S. economic model of "structural problem." .</ P> <P> most proud of is that the Germans, although from the data point of view, the German economy grew by only 2% this year, while the U.S. may be 3% to 3.5%, but Germany's economic growth is based on the continued growth of the industry orders ., the progressive prosperity of the job market is a solid foundation for real growth. .The growth of the United States still rely on the support of fiscal and monetary policies, there is no employment, no consumption. In the German view, such growth is neither sustainable nor practical. .Germany is now more strongly believe that the test of the financial crisis, export-led model of economic growth than consumption (particularly consumer credit) driving the model to more stable and more durable. .</ P> <P> now, at least on economic issues, particularly the Germans no longer care about the American idea. .In fact, shortly before the G8 and the G20 summit, Germany has begun to say the United States. .German Chancellor Angela Merkel made it clear that the pre-view of the strong German economy has resumed growth, deficit reduction time has come. .Angela Merkel, French President Nicolas Sarkozy have jointly together to strengthen the financial system proposed regulatory requirements, and insisted that the summit should discuss the new economic stimulus plan. .The G20 members of the United States lobbied to maintain the deficit and to support the economic stimulus plan to prevent the global economy into a "double-dip recession." .</ P> <P> but the Germans insist on their ideas, and began a massive deficit reduction plan. .This shows that the future of global economic and financial policy coordination will not be led by the United States, Germany, European leaders will gesture to the United States, "strong words." .</ P>.
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