Jun 24, 2011The region of Brandenburg-Berlin has undergone a particularly good economic development in the time between 2007 and 2010. Baden-Württemberg was hit hard by the crisis and ranks at the bottom of the comparison of economic dynamics. The ninth Federal State Ranking was conducted by the Initiative for a New Social Market Economy (INSM) and the magazine WirtschaftsWoche (WiWo) and was published on Friday, 24th of June 2011 in Berlin. Looking at the absolute economic levels though, Baden-Württemberg retains its position among the three leading federal states. In 2011 the leader of this group is Bavaria. Baden-Württemberg comes in second and thus beats Hamburg which came in third.
Mar 10, 2011In future years, German federal states (Bundesländer) must take additional and substantive austerity measures. This is due to the requirements of the debt brake which is now part of the German Basic Law. Such is the result of the “Debt Check Bundesländer” – an analysis of the Institute of the German Economy Cologne (IW) that was conducted on behalf of the Initiative for a New Social Market Economy (INSM).
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