My simple proposition is that the outlook for Germany depends first and foremost on coping with the existing challenges to economic policy. In order to gain a better understanding of this, however, we should first take a look back.
A look back Taking that look back reveals that, since the reunification boom petered out, Germany has been one of a group of countries with weak growth. While the GDP of the present EMU countries has risen by a total of 15% since 1995, the corresponding figure for Germany is no more than 10%.