 GermanyAna-Cristina Bâlgăr Conjunctura economiei mondiale / World Economic Studies, 2017, 104-113 Abstract: In 2016, German economy showed considerable resilience in the face of external pressures, achieving the highest growth among all advanced world economies. As such, the real GDP saw the most accelerated growth after 2011, being supported both by factors with a stimulating effect on all the components of domestic demand, and by the favourable development of export, notwithstanding the decreased global demand compared to previous years. As regards the outlook of the federal economy for 2017, a slowdown of the pace is envisaged against the background of the uncertainties generated by a tense economic and geopolitical environment – marked by the ongoing Brexit negotiations, the persistence of dissensions related to the resolution of the refugee crisis and, last but not least, by the national parliamentary elections set to take place this fall. However, all these influencing elements will fade by 2018, when it is estimated that the economic activity will accelerate. Keywords: Germany; GDP; economic outlook; factors affecting economic growth and development; perspectives on economic growth (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2017:p:104-113 Access Statistics for this article Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.