Vol. 2 No. 6 (2023): MAY
Open Access
Peer Reviewed

ECONOMIC STRATEGIES IN GERMANY: CHALLENGES AND OPPURTUNITIES IN DEVELOPING COMPETITIVE ADVANTAGE

Authors

Machfud , Rizky Febri Anggi , Handayni , Munarisma , Liza Maulia

DOI:

10.54443/ijset.v2i6.244

Published:

2023-05-30

Downloads

Abstract

Germany has long been recognized as one of the world's strong and innovative economies. Germany's economic success is not only supported by a strong industrial sector, but also by an effective economic strategy. However, like any other country, Germany also faces various challenges in maintaining its economic growth and sustainability. The purpose of this study is to analyze the strategies that have been implemented by the German government and companies in the face of current economic challenges. The method used in this journal is descriptive qualitative research. Descriptive qualitative research aims to gain a deep understanding of the phenomenon under study and describe it in detail. This method allows the author to collect more detailed data and understand the context behind Germany's economic problems.

Keywords:

Economy, Challenge, Germany

References

Smith, J. (2019). The Role of Innovation in Economic Growth: A Comparative Study. Journal of Economic Development, 25(2), 45-62.

Müller, H., & Schmidt, A. (2020). Digital Transformation and Skill Requirements: A Comparative Analysis of the German and US Manufacturing Sectors. International Journal of Business Studies, 37(3), 112-129.

Becker, P., & Keller, W. (2018). Small and Medium-Sized Enterprises in Germany: Characteristics, Challenges, and Strategies for Success. Journal of Business and Management, 42(1), 78-95.

Wagner, L., & Fischer, K. (2017). Renewable Energy Transition in Germany: Challenges and Opportunities. Energy Policy, 35(2), 156-168.

Schneider, M., & Weller, P. (2016). The Role of Education and Vocational Training in Promoting Skills Development: Lessons from Germany. International Journal of Education and Training, 21(4), 321-335.

Opportunities and Challenges ASEAN Economic Integration of Indonesian's Econom./Nurul Istifadah/Fakultas Ekonomika dan Bisnis UKSW, 2012

German Economic Strategy: Competitive Advantage in the Era of Globalization / WEPO / Islamic economics study program

Author Biographies

Machfud, Faculty of Economics and Bussiness, Universitas Muhammadiyah Mahakarya Aceh

Author Origin : Indonesia

Rizky Febri Anggi, Universitas Malikussaleh

Author Origin : Indonesia

Handayni, Universitas Malikussaleh

Author Origin : Indonesia

Munarisma, Universitas Malikussaleh

Author Origin : Indonesia

Liza Maulia, Universitas Malikussaleh

Author Origin : Indonesia

How to Cite

Machfud, Rizky Febri Anggi, Handayni, Munarisma, & Liza Maulia. (2023). ECONOMIC STRATEGIES IN GERMANY: CHALLENGES AND OPPURTUNITIES IN DEVELOPING COMPETITIVE ADVANTAGE. International Journal of Social Science, Educational, Economics, Agriculture Research and Technology (IJSET), 2(6), 643–651. https://doi.org/10.54443/ijset.v2i6.244

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.