{"id":121710,"date":"2024-01-05T09:15:22","date_gmt":"2024-01-05T07:15:22","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/why-is-germanys-economy-struggling-and-can-the-government-fix-it\/"},"modified":"2024-01-05T09:15:22","modified_gmt":"2024-01-05T07:15:22","slug":"why-is-germanys-economy-struggling-and-can-the-government-fix-it","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/why-is-germanys-economy-struggling-and-can-the-government-fix-it\/","title":{"rendered":"Why is Germany\u2019s economy struggling \u2013 and can the government fix it?"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/121710\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nRailway staff, lorry drivers and farmers are among those threatening strike action across Germany from Monday in nationwide protests over grievances ranging from pay and conditions to cuts in agricultural subsidies and higher road tolls. Long Europe\u2019s powerhouse, Germany is struggling with a potent mix of short-term and deeper structural problems that \u2013 along with a divided and seemingly ineffectual government \u2013 have prompted economists to talk of the \u201csick man of Europe\u201d.<\/p>\n<p>Sweeping labour reforms in the late 1990s followed by surging demand in China and developing markets helped to create millions of jobs and drive strong economic growth in Germany for more than two decades. Now, however, the country\u2019s famed economic model appears to be faltering. The IMF predicts Germany will be the only G7 economy to have shrunk in 2023. In part, the problems are circumstantial and so, hopefully, temporary: a weaker Chinese economy, for example, and the impact of Russia\u2019s war on Ukraine. Demand for the goods Germany\u2019s export sector mainly produces \u2013 machinery, cars, tools, chemicals \u2013 fluctuates according to the state of the wider economy.<\/p>\n<p>But the current downturn has also exposed longer-term issues affecting the country\u2019s economic efficiency. Economists point to the country\u2019s rapidly ageing population, lack of recent major investment in infrastructure and high corporate tax rates. Output is expected to decline by 0.5% in 2024. Longer term, threats include Chinese competition in the electric car market and the cost of reaching net zero, higher in Germany because of its huge, energy-intensive industrial base and rejection of nuclear power.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.theguardian.com\/world\/2024\/jan\/05\/sick-man-of-europe-what-is-happening-to-germany-economy\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.theguardian.com\/world\/2024\/jan\/05\/sick-man-of-europe-what-is-happening-to-germany-economy\">The Guardian<\/a> <\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/123809\/\">Why is Germany\u2019s economy struggling \u2013 and can the government fix it?<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[1052,1038,606,607,608],"class_list":["post-121710","post","type-post","status-publish","format-standard","hentry","category-news","tag-economy","tag-germany","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/121710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=121710"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/121710\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=121710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=121710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=121710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}