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Is Germany Losing its Mojo?

Is Germany Losing its Mojo?

Does Germany's loss of confidence on the football pitch mirror economic angst back home?

Business Daily · BBC World Service

June 29, 201817m 27s

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Show Notes

Germany is booming, yet some commentators suggest the nation's loss of confidence on the football pitch may mirror economic angst back home.

A shortage of skilled workers, inadequate public investment, a failure to grasp new technologies - these are just some of the criticisms that Germans level at their own economic performance. And at the heart of it is a political crisis over the influx of migrants - something many economists say is sorely needed in this ageing nation.

Anna-Katarina Noryskiewicz reports from Berlin, plus presenter Rob Young speaks to Gabriel Felbermayr, director of the Ifo Centre for International Economics in Germany.

(Picture: A German fan looks dejected following defeat in the 2018 World Cup; Credit: Kevin C. Cox/Getty Images)