COUNTRY ANALYSIS ECONOMIC LEGAL CONDITIONSGERMANYThe parsimony of Germany has ultimately seen an upturn after the stagnation of preservation over 5 old age , from 2000-2005 . It is well known fact that before the union of eastern Germany and West Germany , East Germany was less positive economically , as comp ared to the West Germany . So , after the union , the efforts for integration and modernization of East Germany started . This was a costly practice , but the neediness of the time . Even today , virtually 80 billion USD are transferred from the West to East Germany . For past five eld , in that respect was a current of stagnation in the German economy . Its gross domestic product growth rate was around 0 .7 over past five familys . Last stratum , it was 2 .6 which was a healthy sign for their economy . The iss ue of stagnation can be attributed to a issuing of reasons regulate non-flexible labor mart structure , almost flat battle levels in the domestic markets , falling investment levels in plants and equipments , blue cost of capital and near to monopoly situation in the avail market . In to boost up economy , a number of measures have been interpreted . These measures include , increasing distaff participation in labor market , corporate restructuring , increase in mandatory retirement age . The GDO of Germany is 2 .81 billion USD according to estimated of 2007 . Its per capita income is 34 ,200 USD . Its inflation rate is 2 .3 . Germany is technologically genuinely advanced carry , especially in sound injury of engineering . Its industry portfolio includes iron , steel , coal , cement , chemicals , machinery , vehicles machine tools , electronics , food and beverages , shipbuilding , textilesThe government of Germany is genuinely unchangeable so far . Despite t he first left-right bond in past 36 years ,! the government is press release on well Its civil society is quite developed . further much , under the umbrella of European centre , it has introduced a number of reforms to make itself capable of leveraging the benefits of EU membership .

and so , its laws and regulations are getting more liberalCHINAPreviously , the Chinese economy was a typical model of communism . It was the country which had no existencewide transaction at all . it was closed to the remote investors . barely , over the time the need to transform into market found economy was realized . The strategy was gradual . The go taken were , discarding collectivist agricultural system , liberal trade policies , mor e independence to the state have enterprises , making china mesmerizing for foreign investors . china is the second largest growing economy of the public . As a result of restructuring there has been in truth of import improvement in the Chinese economy . concord to estimates its GDP has increased tenfold since then . The government of chinaware is facing several economic challenges . Few of them areDue to the layoffs in the state owned enterprises , there is a need to create opportunities for themReducing corruptionRemoving environmental deterioration , resulting from the transformationBesides , China is also one of the aging countries in the world . There is massive urbanization . The GDP of China is very significantly remarkable It is 6...If you want to get a right essay, order it on our website:
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