Structural Problems of German Industry in International Comparison

Since the beginning of the 1970s, Germany has been passing through a radical economic restructuring process which is by no means completed at present and which poses major problems for the 1980s. Admittedly, there have been structural changes in our national economy time and again, but they have never before been as serious or as incisive as the current restructuring process. At the same time, the solution to the economic problems is exacerbated by a general growth and investment weakness. Consequently, for example, the structural problems encountered in the 1950s and 1960s with simultaneous strong economic growth were easier to solve than at present.