The role of Germany in the innovative development of the EU: experience of crisis years

The article studies the role of Germany in the innovative development of the EU during the last world economic and financial crisis of 2008-2009. The relevance of the study is determined by the fact that Germany, thanks to its competently formed innovation policy, the only one in the European Union...

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Main Author: Anton Taran
Format: Article
Language:English
Published: V. N. Karazin Kharkiv National University 2018-04-01
Series:Вісник Харківського національного університету імені В.Н. Каразіна: Серія Міжнародні відносини, економіка, країнознавство, туризм
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author Anton Taran
author_facet Anton Taran
author_sort Anton Taran
collection DOAJ
description The article studies the role of Germany in the innovative development of the EU during the last world economic and financial crisis of 2008-2009. The relevance of the study is determined by the fact that Germany, thanks to its competently formed innovation policy, the only one in the European Union managed to maintain the stability and growth of its national economy, and to maintain a high credit rating during the global crisis. The aim of the article is to analyze the role of Germany in the innovative development of the EU during the last world economic and financial crisis of 2008-2009. The article concludes that despite the world economic and financial crisis, the German economy was the only one among the 27 EU economies, in particular in the euro area, to be reliable due to its correctly formulated innovation policy. Now Germany is entrusted with the reins of government to save the eurozone, as well as to pull other EU member states out of their debt hole.
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series Вісник Харківського національного університету імені В.Н. Каразіна: Серія Міжнародні відносини, економіка, країнознавство, туризм
spelling doaj.art-5ba46169a84c4d25a0cd54c51293e42c2022-12-21T17:50:42ZengV. N. Karazin Kharkiv National UniversityВісник Харківського національного університету імені В.Н. Каразіна: Серія Міжнародні відносини, економіка, країнознавство, туризм2310-95132018-04-01710.26565/2310-9513-2018-7-10The role of Germany in the innovative development of the EU: experience of crisis yearsAnton Taran0V. N. Karazin Kharkiv National UniversityThe article studies the role of Germany in the innovative development of the EU during the last world economic and financial crisis of 2008-2009. The relevance of the study is determined by the fact that Germany, thanks to its competently formed innovation policy, the only one in the European Union managed to maintain the stability and growth of its national economy, and to maintain a high credit rating during the global crisis. The aim of the article is to analyze the role of Germany in the innovative development of the EU during the last world economic and financial crisis of 2008-2009. The article concludes that despite the world economic and financial crisis, the German economy was the only one among the 27 EU economies, in particular in the euro area, to be reliable due to its correctly formulated innovation policy. Now Germany is entrusted with the reins of government to save the eurozone, as well as to pull other EU member states out of their debt hole.
spellingShingle Anton Taran
The role of Germany in the innovative development of the EU: experience of crisis years
Вісник Харківського національного університету імені В.Н. Каразіна: Серія Міжнародні відносини, економіка, країнознавство, туризм
title The role of Germany in the innovative development of the EU: experience of crisis years
title_full The role of Germany in the innovative development of the EU: experience of crisis years
title_fullStr The role of Germany in the innovative development of the EU: experience of crisis years
title_full_unstemmed The role of Germany in the innovative development of the EU: experience of crisis years
title_short The role of Germany in the innovative development of the EU: experience of crisis years
title_sort role of germany in the innovative development of the eu experience of crisis years
work_keys_str_mv AT antontaran theroleofgermanyintheinnovativedevelopmentoftheeuexperienceofcrisisyears
AT antontaran roleofgermanyintheinnovativedevelopmentoftheeuexperienceofcrisisyears