By Jacob L. Shapiro
Germany’s economy has avoided the problems besetting most export-dependent countries in the last two years. In 2015, Germany accomplished this by compensating for decreased demand from China by substantially increasing its exports to the United States and the United Kingdom. In 2016, the situation was reversed. Exports to China increased while exports to the U.S. and the U.K. declined significantly. The most important geopolitical question in Europe this year is whether Germany can stave off a decline in its exports for a third consecutive year. Geopolitical Futures has forecast that German exports will fall in 2017, and …read more
Source: Geopolitical Futures
