A Macro-Economic Analysis of the German Economy

Murat Erkan Eren, Mutlu Koseli

Abstract


This article has focused on the trade, economic sectors, culture, legal and political system and business growth in Germany. Germany can attribute its success in globalization to its attractiveness as a place to do business. Germany, boasting the largest national economy in Europe, is the world’s second highest exporter specializing particularly in engineering fields such as automobiles, machinery, metals, and chemical goods. In a post-reunification world, there are complexities in German culture that make broad generalizations difficult.  Similar to the majority of Western Europe, Germany operates under a civil law system. Germany, sitting in the middle of Europe and covering a landmass roughly the size of Montana, is the largest economy in Europe and the 5th largest economy in the world.  It is an extremely competitive country and is renowned for a stable and transparent legal environment. 


Keywords


economic analysis; Germany; culture; business growth; globalization.

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