The miracle of small and medium enterprises in Germany
When Americans are worrying about economic challenge, especially high unemployment rate, the situationnbsp;in Germany is opposite. After East Germany and West Germany has reunification since 20 years ago, the country has rebuilt a great status.
Germany seems to have reason to be optimistic: in the recent economic recession in the United States, the unemployment rate climbed from 4. 6% in 2007 to 9% in 2011, while for Germany the unemployment rate decreased from 8. 5% to 7. 1%. in the same period. Since 1992, it was the first time the unemployment number less than 3 million in Germany.
Germany should thanks to its public sector, and it success have also benefited from the private sector.ferrari wiki Especially between 1998 and 2005, the economic has grown up a lot, the German government played an important role in this case.
In early 2005, Mr Schroder government passed a quot;2010 agendaquot; of large-scale reform plan. He is leading a political party in the spring of 2005 at the local elections. Mr Schroder has been beat up by another party. But quot;2010 agendaquot; has survived in that election, and through the following welfare state system in Germany, such as reducing unemployment benefits to promote employment, relaxing inhibit the supervision of the method, and the efficiency of unity, the government ensures laborer’s employment security all the time.
Improving employment security largely through the quot;short-term workquot; solution: avoiding layoffs, reducing laborer total working time and so on.iwc replica swiss According to economic cooperation and development organizationrsquo;s report in 2009, the report shows that it saved about 500000 jobs in the recent economic recession.
The private sector such as many small and medium manufacture enterprise has an equal important role as big enterprise. These enterprises are family ownership stability advantages with dedicated to produce the emerging countries hard copy cutting-edge products. As the German people always say: quot;we make excellent goods. quot; And of course, family enterprises have both advantages and disadvantages, they also inherited by family conflict, but overall, the enterprise’s success has been widely recognized. In nowadays, a number of small and medium-sized enterprises, millions of multinational enterprises are listed in Germany. For many Germans, because of small and medium enterprise are not listed, so they pay more attention to the long-term development rather than short-term interests.
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