Description
Until recently, Germany appears to be a paragon of economic and political success. Angela Merkel is widely seen as the true “leader of the free world”, while the country’s export-driven economic model seems to deliver prosperity. Recent events, from Germany’s dependence on Russian gas to its car industry’s delays in the race towards electric vehicles, have undermined this view. In Kaput, Wolfgang Munchau argues that the weaknesses of Germany’s economy have been brewing for decades. The German state’s neo-mercantilist policies, driven by close connections between the industrial and political elite, have left the country technologically behind, over-reliant on authoritarian Russia and China, and seemingly unable to adapt to the digital realities of the 21st century. This book examines the future of Europe’s biggest economy.
Information
Author: Munchau Wolfgang
Language: English
Publication date: November 7, 2024
Genres: English literature, Books, Foreign language books
Type: Hardcover books
Pages: 250
ISBN/EAN: 9781800753433