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Germany recovered rapidly from the 2008-09 recession, with GDP topping pre-crisis rates during 2011 and unemployment falling significantly. Public finances are sound, but further reforms are needed to transform its growth model to thrive as a knowledge-based economy.
This publication examines the role of institutional investors in promoting good corporate governance and reviews Australia, Chile and Germany in more detail.
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The German labour market held up very well during the 2008-09 recession, but is likely to feel the effects of the recent weakening of growth across the OECD area.
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The 2011 edition of Education at a Glance: OECD Indicators enables countries to see themselves in the light of other countries’ performance.