Germany Is Over Industrialized

Federal Government sets wrong accents in Dusseldorf/Berlin economic policy–according to projections of the economic week in the next few years, the German industry faces the most. Compared to the United States, we were over industrialized. Only 13 per cent of gross domestic product in the United States prior to the major economic downturn accounted for the manufacturing sector. In Germany, the proportion is almost twice as high. Still, German industry of less services and production have outsourced. That should change now’, improvise the Wirtschaftswoche.

To rise again from the Valley of tears, the industry would have to upside down its entire production strategy, will better mitigate crises to. That have far-reaching consequences for the production site. A company produced so far to 60 per cent in high-wage countries such as Germany, 50 percent this will be by 2011 rather”prophesied the Wiwo report of McKinsey consultants Harald Proff. Find growth mostly on the relocation Outsourcing specialists held: in my experience, this forecast is very conservative. The consolidation of the German industry will be even clearer about the outsourcing of activities that do not belong to the core competencies of the company. You will focus more on the research, development, product finishing, user interface, design, marketing and sales – how it perfect lives, for example, Apple for years.

External specialists will take care of everything else”, so the after sales expert Peter Walker Madrigal, CEO of Bitronic Signals of economic policy, to support companies that focus still on the traditional mass production subsidies are similarly false. To achieve robust growth, we must provide the traditional industries with short-acting tax revenues with a half-life of only minor. Thus delayed transition processes”the Federal Government, criticized weilmunster. Now an economic policy is needed, which departs from outdated productions and single-mindedly working towards an innovative transformation of the economy. The stimulus package of the Government is predominantly the result of defensive strategies. If we make no annual growth rates on the legs with the gigantic budget deficits in the next few years, which will affect destabilizing in the future on the economy”, the Bitronic chief predicts. See also: Service economy is resistant to crisis – why we should say goodbye to the industrial nostalgia.