Emerging Markets / March 2, 2018

Governing Coalitions and Economics in Germany

Germany is a federal parliamentary republic composed of 16 states. Since its reunification in 1990, Germany has been of the most politically stable and politically dynamic countries in Europe and has assumed a key leadership role within the European Union elektro symbole herunterladen. One of the cornerstones of Germany’s success has been the robustness of its two main parties the center-left SPD and the center-right CDU, which form the Union alongside its sister party the CSU elster error whening. While countries like the United States and France have gone through several presidents since 2005, Chancellor Angela Merkel has led Germany in several successive governments since that same year herunterladen.

However, after more than a decade in power, Chancellor Merkel has been struggling to secure a governing coalition since the country’s last election in September 2017 kinderserien downloaden. During the last several months, Merkel’s CDU has held coalition talks with several parties, the first of which failed. Currently, Merkel’s CDU is in the process of finalizing a governing coalition with the SPD, even though the credibility and popularity of both traditional parties has been severely eroded in recent years need for speed underground 2 kostenlos herunterladen vollversion. Currently undergoing an internal referendum, the SPD will announce on March 4 whether or not it will form a governing coalition with the Union parties (CDU/CSU) msi mystic light herunterladen. This will be a crucial moment for Germany and Europe because, if no agreement is reached, a new and uncertain election will have to be held.

Governing Coalitions and Economics in Germany

Today, Germany has a total population of approximately 80.6 million citizens, which makes it the most populous country in the European Union firefox for free german. However, demographics do not favor Germany, given that the average age of its citizens is 47 years old. Likewise, about 76% of Germans live in an urban setting, notably the capital city of Berlin with its 3.6 million inhabitants adobe reader for free windows 10. In economic terms, the country has experienced positive economic growth in recent years and it represents the fifth largest national economy in the world after China, the United States, India, and Japan amazon series on pc. Specifically, Germany has a Gross Domestic Product (GDP) of US$4.2 trillion (in terms of purchasing power parity, PPP), which also represents the largest economy in the European Union firefox kann keine addons downloaden. Similarly, Germany’s economy is divided into 1% agriculture, 30% manufacturing, and 69% services. Furthermore, it is estimated that the agricultural industry employs 2% of the national labor force, while manufacturing employs 24% and services employ another 74%. Lastly, in Germany, the agriculture industry utilizes 48% of the national territory, while another 32% is forested.

In terms of trade, Germany is the world’s third largest export economy. During 2016, the country imported US$1.1 trillion worth of goods and exported US$1.3 trillion, resulting in a trade surplus of US$273 billion. Furthermore, Germany’s main export, representing 11% or US$150 billion of the country’s total in 2016, were cars. Likewise, the country’s main import that same year, representing 5% or US$51.2 billion of all international purchases, were also cars. Meanwhile, Germany’s main trading partners are fellow EU members, notably France and the Netherlands, as well as China and the United States.

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