Report
Is Germany’s competitiveness model still in place?
Germany’s competitiveness model is well known: Labour costs in industry are high; But this is offset by: Germany’s high level of product sophisticated; And the low level of labour costs in services. This is key to understanding the German model, as industry consumes a lot of services. Is this model now disappearing, given: Germany’s productive specialisation, which has become a hindrance? The rise in labour costs in German services?
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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