Rising momentum of exports stabilising upturn
© BDI/plainpicture/Fancy@ VeerInc.
The world economy continues to point upwards. German exports are increasing on the back of expanding world trade.
The leading emerging countries of Asia and Latin America are contributing significantly to these developments. The economic upturn in these countries is increasingly self-sustaining, as economic stimulus packages combine with rising investment and higher private consumption to fuel growth. Despite these latent risks, the prospects for economic growth in Germany are good. There have not, so far, been any major setbacks on the financial markets and the first steps to reform the global financial system have been initiated. Top priority for economic policy must be a strategy to consolidate public budgets and unleash the drivers of growth. The goal of this dual strategy must be to lead Germany onto a path of sustainable higher growth.Dialogcenter
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BDI - Federation of German Industries
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