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Political institutions are Germany's strength: Experts see a clear location advantage
New study evaluates economic policy in Germany - economists give the location a three minus and analyze strengths and weaknesses. A must for anyone interested in business!
Political institutions are Germany's strength: Experts see a clear location advantage
Germany receives a rating of three minus from economists in terms of location in an international comparison. Political institutions are highlighted as the country's main strength at 67 percent. In particular, the well-functioning democracy, the rule of law, economic freedom, the protection of property and the low level of corruption are seen as clear location advantages for Germany. In comparison to dictatorships or autocracies, this aspect is viewed as particularly positive.
Furthermore, education and human capital, security and geopolitical risks as well as access to financing are viewed as Germany's strengths. These elements contribute to Germany remaining a competitive location in the global economy despite some weaknesses. The assessment shows that Germany has remarkable advantages on various levels that underline its attractiveness for investors and companies.
However, the experts also emphasize that Germany still has room for improvement in order to further strengthen its competitiveness and consolidate the location in the long term. Targeted measures and reforms could address the weak points in order to position Germany as a top economic location. Overall, the economists' assessment reflects a differentiated picture that highlights both the strengths and the potential for improvement in Germany as a business location.