Germany :: essays research papers

Germany is placed in Central Europe. It borders the Baltic Sea and theNorth Sea. It is between the Netherlands and Poland, southeastern of Denmark. It isslightly smaller than Montana.Germanys economy was the worlds triplet most powerful in 1997. TheGerman economy benefited from robust exports, particularly to other members ofthe EU and the US, as well as strengthening equipment investments. provided anemicprivate consumption and contraction in the construction perseverance limited theexpansion. Unemployment continued to set post-war monthly records throughthe end of 1997 and averaged 4.3 cardinal for the year. In preparation for the firstof January 1999, the start of the European Monetary Union, the regime hasmade major efforts in 1996-97 to reduce the fiscal deficit. This effort has been involved by growing unemployment, an erosion of the tax base, and thecontinuing transfer of close to $100 billion a year to eastern Germany torefurbish this ex-communist bea. In recent ye ars business and political leadershave go bad increasingly concerned about Germanys decline in magnetas an investment target. They cite increasing preference by German companiesto locate new manufacturing facilities in foreign countries rather than inGermany, to be closer to the markets, and to avoid Germanys high tax rates,high pursue cost, rigid agitate structures, and extensive regulations. For similarreasons foreign investment in Germany has been lagging for years.Germany is one of the worlds leading industrial nations. western sandwichGermany is among the worlds largest and technologically advanced producersof iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, andelectronics. Eastern Germanys industries are metal fabrication, chemicals,brown coal, shipbuilding, machine building, textiles, and petroleum refining.Industry employs well-nigh 41 percent of the German work force. Germanysbiggest patience is vehicles because of luxuriousness cars such as t he BMW,Mercedes-Benz, and Porsche, but you cant forget the VW Beetle. German exports value at 521.1 billion dollars. Manufacturing, such asmachines and machine tools, chemicals, repel vehicles, and iron and steelproducts, totals over 88 percent of all exports. rude products account for 5 percent, raw materials for a little over 2 percent, and fuels as 1 percent. Other non-mentioned products total about 3 and a half percent.German imports value at 455.7 billion dollars. manufactured items arealso the most imported at a little over 74 percent of all imports. Agriculturalproducts equal around 10 percent, fuels are over 6 percent, and raw materialsare almost 6 percent. Other non-mentioned materials are under 4 percent of thetotal imports.The labor force is roughly 38.7 million people. As said earlier industryemploys around 41 percent, agriculture employs 3 percent, and services employ