Thursday, October 17, 2019
Impact the German state on Europe economy Term Paper
Impact the German state on Europe economy - Term Paper Example à The world has taken a change in trend where countries form economic groups based on the regions in which they belong. The economic blocks in which countries are grouped are strategies through which they get advantage in terms of bargaining for the economic benefits of individual countries. The economic blocks open the trading frontier in these regions. The implication is that these countries when they come as regional blocks open up trading platforms in a bigger scale that they would individually. Germany is historically one of the most prominent countries that ring in the ears of many people. Of notable reference is its involvement in the great world wars that took place in two phases i.e. World War I and World War II. Its political structuring began from these two historic events which were fuelled by technological and other economics adjustments for survival. Fulbrook asserts, ââ¬Å"From the period of the great world was, it has undergone a lot of political and economic reali gnments that place it among the most influential nations in the world todayâ⬠. Germanââ¬â¢s place in the economic world has significantly been important. This draws relevance from previous occurrences as well as historical incidences. There are situations which warrant interceptions from economically superior countries. In the recent past, the world has experienced what could be described as tumultuous times. The uncertainty that rocked the zone within which Germany falls was indeed affected. Germany was not much affected by the times and crises that were felt globally. In analyzing the significance of Germany, it is imperative that its military as well as economic involvements on the global scene be brought into perspective. This is what the following discourse delves in. Politically, Germany has come from its dark past where it had been even been split up into two states with completely different economic ideologies in which one state which was the democratic west with capitalist economic ideology. The other state was the communist east with the communist economic system. According to Leininger, ââ¬Å"Later the two factions brought down the Berlin wall and formed one nation with the same economic policies that has seen it rise to the list of the most developed countries in the worldâ⬠(234). It is this level of economic prosperity that is making it of particular interest in this research paper. Aim of the study This paper focuses on establishing the factors that make Germany to be at the center of focus in establishment, management and performance of the European Union. It therefore targets all the observable economic aspects of this country in respect with its role and extent of influence in the European continent at large and European Union specifically. Significance of this study The current economic challenges are uphill task to many nations and therefore some critical approaches need to taken up by the
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