German Economic Growth Beats Expectations But Remains Subdued (Essay Sample)

ARTICLE REVIEW: GERMAN ECONOMIC GROWTH BEATS EXPECTATIONS BUT REMAINS SUBDUED
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The article titled German Economic Growth Beats Expectations but Remains Subdued reviews German’s economic growth as compared to other members of the Euro zone. Despite earlier predictions that the economy would falter and grow at a mere 0.2% because of the then imminent referendum in the United Kingdom, Europe’s biggest economy had surpassed expectations and posted a magnificent 0.4% growth. The unprecedented upshot stemmed from an upsurge in consumer consumption, higher exports and lower imports. However, the GDP growth is likely to be unsustainable because of the Brexit, reduced business investment, structural economic weaknesses in the Euro zone, and a faltering global economy.
The article connects with GDP precisely because it delves into the unprecedented growth in German’s gross domestic product especially as compared to other Euro Zone nations. Moreover, the article delves into specific reasons that have contributed to the growth. The increased public and government consumption, for instance, coupled with growth in exports and decline in imports, have ensured Germany rides above the Brexit, economic weaknesses in the region, and a global financial system that is slowing down.
The article makes several important points the most important ones being the reasons for German’s growth in GDP and the factors likely to impede further growth. Inwards, Germany has failed to lift the business investment sector with real estate the only segment registering notable growth. In Europe, Brexit and structurally weaker economies spell doom for Germany despite the upsurge in...