Merkel’s Problem: Booming German Economy Is So 20th Century

Merkel’s Problem: Booming German Economy Is So 20th Century

Low unemployment and high exports are masking a backlog in technology and investment.

source The Business Times

edited by kcontents

Germany’s steady economy is a boon for Chancellor Angela Merkel as she seeks a fourth term on Sunday. Even the diesel-vehicle emissions scandal is barely denting national pride in German high-end manufacturing. Yet a closer look reveals a backlog in 21st-century benchmarks such as broadband and education, pointing to costly catch-up efforts facing the next government.  

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https://www.bloomberg.com/news/articles/2017-09-20/merkel-s-problem-booming-german-economy-is-so-20th-century

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