Learning from the Germans

A recent  article on The Economist talks about the German Economy, and specifically small German companies, and how they optimised globalization to their advantage by finding niches and developing good outsourcing practices.

From low unemployment rates to conservative mortgage practices, from maintaining high exports even as China's rises to producing goods in niche industries that the growing Chinese market wants, and generous backing by the governement, the Germans have emerged as the strongest country in the G7 in the past decade.

To read the rest of the article on The Economist, please click here.

Sources: Freakonomics, The Economist