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So last month Germany was mentioned in multiple articles as being in a terrible production decline and now it’s suddenly the opposite? I guess the truth lies s
by huijzer 3y ago
So last month Germany was mentioned in multiple articles as being in a terrible production decline and now it’s suddenly the opposite?
I guess the truth lies somewhere in the middle.
- Mandelmus 3y agoTo be honest, as a German I have no idea where this increase in productivity is supposed to have occurred. My experience and intuition is that Germany is suffering from a rise in lethargy and inefficiency ("German efficiency" is a meme that's utterly outdated and inapplicable, at least in my sector, IT). I'd be happy to learn about concrete and representative information that balances my perspective but I have yet to see it.
- coffeebeqn 3y agoAs an outsider I found Germany very bureaucratic. Felt like my home country in the 80s
- bildung 3y agoProduction is the gross output. Productivity is production divided by the whole population or the working population. You can easily have a situation were production shrinks but productivity is unchanged, e.g. because a cohort leaves the workforce and becomes pensioneers.