Germany: An Economic Model for What Not To Do

 Many Germans liked to see their country as a global leader in the fight against climate change. Despite Germany being responsible for only 1.5 percent of man-made CO2 emissions worldwide, advocates for climate action argued that Germany could serve as a role model for other nations. These self-appointed “saviors of the world” believed that if Germany led the way, others would soon follow.

But it would now seem that Germany has become more of an anti-role model than a role model. Germany’s economic situation is getting worse every month. Growth is lower than in almost any other OECD country.

 

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