Germany - Country Overview

Germany, a country rich in culture and heritage, yet plagued by the fallout of World War I and World War II, has progressed to become the centerpiece of the European Union and the world’s third richest economy. The first German Empire dates back to the Roman Empire starting in the 8th century AD. During the Middle Ages the German Empire fended off many attacks against their soil from the Hungarians and the Slavs. Fighting and power struggles continued until the 1400’s, when the modern world gradually came into existence with intellectual, economic and political changes.

Following the worldwide economic crisis in the 1930’s, Germany was hit hard due to weak government and repercussions of World War One. In power of the Reichstag leader, Paul von Hindenburg, unemployment fell down, and the German economy was especially vulnerable since it was built upon foreign money and was very dependent on foreign

Germany greatly benefits from its location, in the fore-front of central Europe. It holds control of all European countries, strategically, and has access to parts of Africa, and Asia, not commonly enjoyed by other countries. Germans are possess a youth and

The Federal Republic of Germany is a country located in north-central Europe and the seventh largest country in Europe. The country lies at the center of Europe and shares more borders with other countries than any other in Europe. The capital city is Berlin, which is over 775 years old and is the most populated city in the country. Before the nation of Germany formed, it was the capital of Prussia, that later developed into the Federal Republic of Germany. The country borders not only other countries, but also the Baltic Sea to the north-west and the North Sea to the northeast. The landscape is diverse and ranges from flat plains utilized for farming to mountains enjoyed for skiing. The land of Germany has over 300 lakes and rivers that

And, after examining the likely results of this globalization on the three most important aspects of a nation’s responsibilities – the social, economic, and political spheres – we will find that it is, indeed, to Germany’s advantage to continue to be involved with and integrated into the European Union.

Germany has quite an interesting (and difficult) economic development history from World War II and the Nazis into the modern EU power house it is today. Problems set into place by poor government management and an effects of war such as price controls and inflation set by Hitler in 1936 left the German economy in shambles after World War II (Henderson). These policies were typical during war times (also done by the United States and the United Kingdom), but had detrimental effects on the population. The end result was a currency that was almost worthless, there was a mass shortage of goods because the suppliers did not find it worth their time to produce when they face price controls that keep their products

Germany is an excellent country to expand new products and services into as it is located in the heart of Europe, following a constitutional monarchy with a parliamentary government and a Prime Minister which has the power to appoint and remove ministers. As a member of the G8, Germany contributes significantly to the world 's economy. The Gross Domestic Product in Germany was valued at USD $3634.82 billion in 2013 which is equivalent to 5.86% of the world’s economy. In Germany, more than 95% of the population speaks German as their first language.

Germany is seen as the economic leader of the 17-nation eurozone. Berlin has had a considerably better public debt and fiscal deficit relative to the gross domestic product (GDP) of the most affected eurozone members. The Chancellor of Germany, Angela Merkel, insisted on ‘austerity’ by the affected states, especially worst-case Greece, rather than ‘bailout’ with external help. Thus, resulting in a polarized euro-opinion divided between the ‘austerity’ school and the more populist ‘growth’/bailout school. Germany’s action will be key to both the eurozone’s and the euro’s survival. She [Angela Merkel] rejected renegotiations of a fiscal pact on Europe’s belt-tightening, yet seemed open to talks on growth in a CNBC interview. She said,

Germany borders various different countries. German land spans across 138,000 square miles KidPort. (2012) describes Germany as one of the major Industrial and economic powers in Europe. It describes it as having many rolling plains which make good farm land. They also state that “Almost 80% of the German people live in cities or towns..” Mexico is bordered by the United States to the north and multiple countries to the southeast. Mexico has been described as having a “highly varied topography that consists of rugged mountains with high elevations, deserts, high plateaus and low coastal plains.” The earliest settlements in Mexico were those of the Olmec, Maya, Toltec and Aztec. These settlers developed various types of modernized civilisation long before european settlement.

Germany is a country located in Central Europe. It shares borders with Denmark, Poland, the Czech Republic, Austria, Switzerland, France, Luxemburg, Belgium, and the Netherlands. Unlike many other Central European countries, it is not landlocked, having its northern border run along both the Baltic and North Seas. The central area of Germany is mostly hills and forests while the extreme south is dominated by the Alps. The major water sources include the Rhine and Elbe river as well as Lake Constance. Germany enjoys a seasonal climate, not dissimilar to what we experience here in the Midwest.

Germany is situated in the Western Europe and they are well known for their economic and political power. They are one of the super power of the world and they ranked 8th in terms of global army power. (Globalfirepowercom, 2016). According to the world fact book, the population of Germany is almost 81 million as of July 2015. Most of the people of Germany lives in the urban area. So, doing business in Germany is very profitable yet very challenging.

Not too long ago Germany was a country that was slow growing and had high unemployment rates. It was not the powerhouse that people often associate it with being today. As of today many things on the continent begin and end with Germany as it has become looked at as the big brother. Since Germany has become a powerhouse in Europe many have blamed them for the economic turmoil that different countries are going through “German export performance and the sustained pressure for moderate wage increases

Germany is Europe 's most industrialized and crowded nation. Renowned worldwide for its mechanical accomplishments, it has additionally delivered some of Europe 's most praised arrangers, logicians and artists. Germany is Europe 's leading economy and second supreme populated country (afterward Russia), Germany is a key member of the continents economic, political, and defense organizations. Accomplishing national solidarity later than other European countries, Germany rapidly got up to speed financially and militarily, before thrashings in World War I and II left the nation broke, confronting the troublesome legacy of Nazism, and partitioned between Europe 's Cold War alliances.

Germany is part of the Eurozone consisting of 19 states of the European Union, which also includes Austria, Estonia, Cyprus, Portugal, Belgium, Malta, Netherlands, Italy, Ireland, Greece, Luxembourg, France, Slovakia, Spain, Slovenia, Lithuania, Latvia and Finland. The official currency of the Eurozone is the Euro which is issued through the European Central Bank. (Wikipedia, 2017) In 2002 all the old currencies of the states of the Eurozone were discontinued and today the Euro is rated as a major reserve currency along with the Japanese Yen, US Dollar, British Pound and Swiss Franc. (Oanda, 2017)

Germany is also considered to be a modern European country. They are also part of the UNSC, the G-8, the G-20, NATO and the EU. Germany utilizes a federal parliamentary republic system. With regards to the EU, Germany has held the alternating presidency for the Council of the EU eleven times between 1958 and 2007. Some of its strongest economic sectors in 2014 were industrials, defense,