Trendy rozwojowe w gospodarce niemieckiej po 1990 r.
Development Trends in German Economy After 1990
Author(s): Zbigniew KlimiukSubject(s): Economy
Published by: Towarzystwo Naukowe KUL & Katolicki Uniwersytet Lubelski Jana Pawła II
Keywords: Federal Republic of Germany; German Democratic Republic; German economy; monetary union; development trends; competitiveness; financial crisis; RFN; NRD; zjednoczenie Niemiec; gospodarka niemiecka; unia monetarna; trendy rozwojowe; konkurencyjność; kryzys
Summary/Abstract: This article presents an analysis of development trends in German economy after 1990, that is after the date of the German reunification. The analysis demonstrates that the growth of the German economy of that time was predominantly dependent on export production, cutting-edge-technology-based industry and investment, while consumption factors were of minor importance to the general picture. German economy of the time was strictly bound with world economy, showing considerable sensitivity to market fluctuations. This is why the Germans were interested in promoting open markets, thanks to which they could reach large export trade surplus. German economy after 1990 was marked with a definite reduction of the average rate of economic growth. Owing to that, today it is no longer the third, but the fourth-largest economy by nominal GDP in the world.
Journal: Roczniki Ekonomii i Zarządzania
- Issue Year: 2013
- Issue No: 41
- Page Range: 57-87
- Page Count: 31
- Language: Polish
