A decade ago, Germany was on top of the world. In the middle of a second Wirtschaftswunder, unemployment had hit record lows while the economy was booming on the back of strong exports into the EU single market, to China, and to the US. The car industry dominated global markets, pharmaceutical firms were swallowing up international competitors, and a ho…
Germany in decline: why the country’s old model is failing
The Federal Republic's reputation has suffered badly over the past 10 years.
