Erdem Aytaç

Nota: Este archivo abarca los artículos publicados por el autor desde el 1 de mayo de 2009. Para fechas anteriores realice una búsqueda entrecomillando su nombre.

Before Germany’s  Sept. 24 federal election, observers often commented that its economy was “firing on all cylinders.” GDP growth will likely exceed 2 percent in 2017, the strongest rate in half a decade. Unemployment levels are at their lowest since German unification in 1990.

Yet the strength of the German economy did not seem to help Chancellor Angela Merkel at the polls, as her Christian Democratic alliance (CDU/CSU) received only 33 percent of the vote — their worst result since 1949 and an 8.5 percentage point drop in support from the previous election in 2013.

This might come as quite a puzzling outcome, because the state of the economy and election results are supposed to be closely related.…  Seguir leyendo »