Is Germany making a comeback?

If Japan can do it, why not Germany? It's been a hotly-debated topic among economists in recent years. And now it looks as though the German economy is finally shifting into a higher gear.

If Japan can do it, why not Germany? That's been one of the most hotly-debated questions in global macro circles in recent years. After three days and six cities in Germany last week my most extensive visit yet I left with the distinct impression that the biggest engine of Europe is finally shifting gears. Not only would that be good news for a long-hobbled European economy, but it could also be a very important development for a still unbalanced global economy.

German productivity on the up

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