Is Germany's economic prosperity at stake? The country's top economic challenges | Business Beyond

Europe’s biggest economy is set to usher in a new era of leadership - but various challenges lie in wait for Germany’s next government. Meeting them would allow the country to hold on to its position among the world’s top performing economies...while failing to master them would jeopardize its prosperity. Janelle Dumalaon looks at some of the biggest issues facing the next administration.

Chapters
00:00 A new era for Europe’s most powerful economy. 
01:10 Achieving climate goals
03:55 Modernizing the industry
05:45 Boosting trade
08:40 Advancing digitalization
09:30 Streamlining bureaucracy
10:30 Offsetting demographic change

Follow DW on social media:
#BusinessBeyond #Germany #GermanElection

[brianbolton]

How is it that China’s economy seems to be thriving in 2021 with a 30% surge in exports, yet Germany, a huge economic engine in Europe, is experiencing export reductions because of an alleged slow down in the Chinese economy. The 2 reports seem incompatible. How is that?

[PenkoAngelov]

So... when there are 10s of billions of dollars of damages and hundreds of deaths in just a single village... it's all "normal"?
But when the auto industry needs to make a few billion in INVESTMENTS... it's a disaster???
What's wrong with you people!?

[benwood]

WHOEVER THAT'S READING THIS, I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.
ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY. That's why the rich invest and the poor don't.

[prisciliavings]

NOBODY BECOMES A MILLIONAIRE OR A BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRING MILLIONS OF DOLLARS, AND CONSISTENCY BRING BILLIONS, THE MARKET IS ALL ABOUT BTC AT THE MOMENT NOW.

[Ramian]

I am highly critical of the way your infographic at 10:50 is presented, the age groups should be the same size for ease of comparison.

[williamtucker]

I only have one question.? By transitioning to all electric cars and technology what are you going to do with all of the technology that is left over. All the diesel powered cars trucks gasoline machinery etc. etc. etc. everybody’s talking about transitioning but they do not address this problem old fashion cars and everything else the people own

[boburzod]

i don't understand why any given country should or would try to be leader. Just make your citizens happy, don't live with others' lives.

[ivans]

Prosperity on Ukrainian blood. Too bad Germany is not willing to help Ukraine with the arms now, and is ready to stay the most heartless nation of Europe😔

[mnldgbD]

All big German car companies should have inovated more before and quicker, now it is going to be very difficult for them, and I'm not sure if they have really shifted!

[Humanaut.]

Germany's economy rests on the back of the "innovations" of long gone decades.
Companies like BOSCH, Thyssen Krupp, VW etc. they are all from a previous era.
The statistic on "the largest population group" was complete nonesense. While you put 2 years in one group and a 15 year span in the other, you seriously can't in any serious tone compare those with each other.

[MesoScale]

The chart at 10:51 looks odd... why would you choose so heavily uneven distributed groups? Doesn't make sense to me.

[charlesdouglas]

Just do something that will earn you money while you sleep, no matter how little. A pandemic is the perfect way to open your eyes to really see what life could be like without your usual income stream and everyone had to stay home. Well I never felt it because I invested in a trading company where I earn 4 digits per week. The best thing you can do for yourself is invest more and spend less.

[j]

Market capitalisation is the "value" of the stock. How many cars is Tesla selling in comparison to these other makers?

[marg]

Interesting digital technology, would the US be at the forefront? If so, why is China the key competitor and not US?

[izquierda]

Germany as always growing more and more.

[thomasf.]

A lot of the engineering firms that serve the auto industry have the engineering know-how to pivot to the clean tech sector, so the job losses will not be as dramatic as forecast. A firm that makes gear boxes for cars can make gear boxes for wind turbines for example.

[kushalvora]

Most of the issues mentioned in this video are global and not specific to germany.

[LiWieky]

Germany is long collapsing its a know fact

[BuzzSargent]

Janelle is very good at presenting this information. Happy Trails

[eddiehourani]

Germany “was not” a climate leader! I am sustainability entrepreneur and I can assure to you that Germany is the leader in “global” perspective of climate change mitigation and adaptation, the only support I’ve had in fact the only attention to my work so far was from German climate organizations.. Germany is the biggest player when it comes to efforts and sacrifices, it is shame to say that.