The American Chamber of Commerce and The Boston Consulting Group (BCG) surveyed 150 U.S. investors and found out:
With 120 billion euros in investments and 850,000 direct jobs, Germany is a center of U.S. investment in Europe and has gained in attractiveness relative to Great Britain. (...) More than 30 percent of U.S. companies in Germany anticipate hiring in 2006; 44 percent want to increase investment; 72 percent view the recent change in government as positive; the automotive and pharmaceutical industries give Germany only middling grades: competitiveness must be ensured. The year 2005 was good for U.S. companies in Germany: 58 percent saw increased revenues, and 76 percent expect further growth in 2006. The AmCham Business Barometer 2005/2006 suggests cautious optimism among U.S. investors.More about the survey, incl. criticism of the state of research and development in Germany in the BCG press release.
Atlantic Review on : Nobel Prize Winner Compares the Economic System in the United States and in Germany
Edmund S. Phelps, Professor of Political Economy at Columbia, was awarded the 2006 Nobel Prize for economics on Monday and published the interesting article &quot;Dynamic Capitalism: Entrepreneurship is lucrative--and just&quot; in the Wall Street Journal