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The following article was published in our article directory on November 22, 2010.
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Strength And Policy Effect Pull Germany Through Crisis Low Tide

Article Category: Business

Author Name: Amanda xzh

Since the second quarter of this year, the German economy has maintained a larger increase in micro-economic outlook for economic recovery of the main positive and optimistic attitude. The reasons for the German economy is doing well, partly because in 2009 the most since World War II, Germany experienced a severe economic recession, low base last year, led this year the economy grew rapidly; the other hand, because the German economy in the product, labor market has many advantages.

High-quality and low alternative products with strong German international competitiveness. First of all, "Germany" with its superb technique, accurate market refinement, excellent product quality, good reputation reputation in the decades after World War II firmly in the control of the market demand. Second, Germany's exports have structural advantages. Automobile and its supporting industries, machinery manufacturing, chemical industry and other pillars of the German export industry, to many countries, particularly emerging market countries to provide much-needed economic stimulus package of products, with strong sexual occasion. Less affected by the global financial crisis, emerging markets after the crisis is the engine of world economic recovery times, the rapid construction of infrastructure projects launched, the demand for German products rapidly increased. With its export advantage, Germany to a large-scale investment from developing countries to benefit. Once again, the euro also help lower the economic recovery of Germany after the product choice for the international market. German Exporters Association predicted that the German export industry growth in 2010 may be a 10-year high. Germany's economic recovery, exports became the first engine.

After a difficult labor market integration is the basis for sustained economic growth momentum. Schroeder administration, the German efforts to reform rigid labor market, so that pre-tax wages from 2000 to 2010 increased by only 21.8%, EU countries, wage growth is the slowest. Economic crisis, short-time work system introduced in Germany: companies are not firing, but only to shorten the working hours of workers, the Government has to pay its 2 / 3 of the wages to reduce costs, thereby reducing the unemployment rate. Although the policy to the cost of short-term decline in labor productivity, but to keep the integrity of the core labor force, so that enterprises in the economic recovery, the rapid expansion of production capacity when, out of recession. With the German economic recovery, workers wages have not been rapidly. German low-cost advantage is to maintain strong export and economic growth is an important factor.

Stability and economic stimulus plans led to the growth of domestic consumption in Germany. Germany to improve income tax collection threshold will be 100 million euros in financial provision allocated to state governments for public investment. Short-time work system, although cost of such temporary assistance system, huge amounts of money, but prevent the unemployment increased sharply during the crisis, maintaining the level of domestic demand during the crisis, avoiding the sharp increase in unemployment caused by economic collapse. Trade-in vehicle replacement subsidy program, about two million cars in redemption, not only to stimulate private consumption, but also stability in the automotive industry. These policies have greatly spurred the domestic consumption and investment, making it the second engine of economic growth.

Thus, the world economic recovery is based on sustained economic growth in Germany, a good economic structure, with a strong competitive products is the basis for sustained economic growth in Germany, a strong German economic stimulus policy is guaranteed through the crisis trough .

Keywords: Oil pipe Manufacturer, Oil pumping unit,

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