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Post-crisis Situation of German Economy under Analysis

Author

Listed:
  • Roxana Gabriela HODOROGEL

    (The Bucharest Academy of Economic Studies, Romania)

  • Robert CHIRA

    (The Bucharest Academy of Economic Studies, Romania)

Abstract

In 2010, both the EU and euro zone registered economic growth, mainly due to Germany's performance. Seen as a whole, the German economy grew stronger last year than in the last two decades, so that, for most sectors, 2010 brought gains despite experts’ negative forecasts. This positive development was, however, due to measures taken by the government in Berlin since the end of 2008, after the global financial crisis started. For 2011 the German authorities still expect a GDP growth in real terms of 2.3% and economic experts speak even of 2.8%, which would be an evolution over the euro zone states average economies.

Suggested Citation

  • Roxana Gabriela HODOROGEL & Robert CHIRA, 2011. "Post-crisis Situation of German Economy under Analysis," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(4), pages 821-828, October.
    • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:4:p:821-828
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    File URL: https://www.rmci.ase.ro/no12vol4/19.pdf
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    More about this item

    Keywords

    crisis response; economic crisis; Germany; SMEs; term package.;
    All these keywords.

    JEL classification:

    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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