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Showing posts from January 19, 2014

GERMANY ECONOMIC MODEL 2014

               To: The Right Honourable Federal Minister of Economic Affairs Mr. Sigmar Gabriel     From: Athinarayanan Sanjeevraja     Date: January 20, 2014     RE:   German Economy 2014 Federal Minister of Economic Affairs Mr. Sigmar Gabriel Excellency, Federal Minister of Economic Affairs Mr. Sigmar Gabriel, let me start by paying my respects to you and through you to. The Honourable Federal Minister, Germany’s economy grew just 0.4 percent in 2013 due to troubles of eurozone and exports were flat. German economy is expected to improve due to eurozone is showing the sign of recovery, raising domestic consumption and exports will pick up during this fiscal. The Honourable Federal Minister, it is my belief that a Germany economic model requires in both exports and domestic demand. Germany should pay more attention to raising domestic demand as well as export to put growth on sounder footing. Germany is an export-led growth model. There is a tendency that e