Germany covers a region of about 137, 847 square miles which consists of 134, 836 square miles of land and 3, 011 square miles of water. Germany is classified as the 7th largest country in Europe and it is centrally located in the European continent. It shares borders with Denmark, Poland, Austria, Switzerland, Czech Republic, France, Luxembourg, Belgium and Netherlands. This central location makes the German market highly suitable for both local and foreign businesses. Climate. Germany has a temperate climate which is seasonal and dominated by the westerly winds.
Wednesday, 22 February 2017
Market Analysis of Germany
Germany economy is ranked third largest in the world after U. S and Japan. It is the best in Europe and accounts for more than 20 percent of EU's Gross Domestic Product. Being one of the most industrialized nations in the world, its market is highly favorable for both local and foreign trade and investments. Strong health labor relations, a good fiscal policy and increased FDI investments are the major contributors to the strong economic drive over the years. Germany's federal government has implemented major reforms and funding programs in order to facilitate a friendly business environment.
Sunday, 8 January 2017
Public services
Increased availability of goods and services can be demonstrated by using a supply curve. As economic growth increases, a country will increasingly open up to international trade. Competition from both domestic and foreign goods and services will lead to an increase in the supply of goods and services. This will drive the prices of goods further and further down. In addition to the above benefit, economic growth can lead to improved public services as offered by the government.
International comparisons
International comparisons by many scholars regarding quality of life have over the years tended to indicate a strong relationship between economic growth and quality of life. In essence, these comparisons have shown that there exists a positive relationship between gross domestic product and the living standards of individuals in a country. While this may be thought of as being true given many researches conducted by many scholars, historical experience tend to negate this belief.
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