2006 2.6% growth
2007 3%+
Started off as export led recovery
Improvements in relative competitiveness through wage moderation.
This is not a longer term thing
Challenging by emerging market players in electrical and mechanical engineering
The growth story is simply a story of employment growth and until now not productivity growth (output per hour).
Export success to a large extend in energy price induced markets like Russia and the Middle East
Quality of education system.
When normality returns German growth should return to 1.5%
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