Rebooting the German Economy through Digitalization


Authors : Dr. Sheetal Chaddha; Santosh Gupta; Aniket Pujari; Durvankur Mukadam

Volume/Issue : MMK:ACE-2023

Google Scholar : http://tinyurl.com/mrydkdfd

Scribd : http://tinyurl.com/fjnf43mw

DOI : https://doi.org/10.5281/zenodo.10477896

Abstract : The present study attempts to determine the overall development of digitalization in the German economy. In particular, this paper highlights the growth of digitalization in different sectors, including health, automobiles, and financial services. The paper also studies the digital readiness of the German Economy. To achieve the objective, the analysis is undertaken for a period of five years from 2016 to 2021 by using data from sources such as OECD, IMF, and World Bank. The study has used a combination of graphical and tabular representations to correlate data and to thoroughly and accurately study the impact of digitalization on the respective sectors. The study also analyses policies adopted by the German government in relation to digitalisation.

Keywords : Germany, digitalization, health, automobiles, financial services, government policy.

The present study attempts to determine the overall development of digitalization in the German economy. In particular, this paper highlights the growth of digitalization in different sectors, including health, automobiles, and financial services. The paper also studies the digital readiness of the German Economy. To achieve the objective, the analysis is undertaken for a period of five years from 2016 to 2021 by using data from sources such as OECD, IMF, and World Bank. The study has used a combination of graphical and tabular representations to correlate data and to thoroughly and accurately study the impact of digitalization on the respective sectors. The study also analyses policies adopted by the German government in relation to digitalisation.

Keywords : Germany, digitalization, health, automobiles, financial services, government policy.

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