Is Germany's economic power under threat?
Germany's economic dominance as Europe's biggest economy is in danger. A new book argues that the weaknesses have been brewing for decades, leaving Germany over-reliant on Russian gas, too focused on old industries and unable to adapt to the digital realities of the 21st century. Guest: Wolfgang Munchau, former Financial Times associate editor, and author of Kaput: The End of the German Miracle, outlines the myriad economic problems and a possible way out. Kaput will be published by Allen and Unwin on February 4, 2025 And the Federal Government has decided to mandate keeping cash available for essential business, but this will come at a cost to small business. Guest: Steve Worthington, Professor at Swinburne University of Technology
The Economy, Stupid · Australian Broadcasting Corporation
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Show Notes
Germany's economic dominance as Europe's biggest economy is in danger. A new book argues that the weaknesses have been brewing for decades, leaving Germany over-reliant on Russian gas, too focused on old industries and unable to adapt to the digital realities of the 21st century.
Guest: Wolfgang Munchau, former Financial Times associate editor, and author of Kaput: The End of the German Miracle, outlines the myriad economic problems and a possible way out.
Kaput will be published by Allen and Unwin on February 4, 2025
And the Federal Government has decided to mandate keeping cash available for essential business, but this will come at a cost to small business.
Guest: Steve Worthington, Professor at Swinburne University of Technology