Tuesday, December 05, 2017

Berlin

As somebody who has wanted for decades to visit Berlin and has not, I found a report in “Economist” (2/Dec/17) on the city's dysfunction surprising. Berlin makes wealthy Germany more poor. Quote: “Astonishingly for a capital city, Berlin makes Germany poorer. Without it, Germany’s GDP per person would be 0.2% higher. By comparison, if Britain lost London, its GDP per person would be 11.1% lower; France without Paris would be 14.8% poorer. “Berlin’s economic weakness is unique among European capitals”, says Matthias Diermeier of the Cologne Institute for Economic Research.” https://www.economist.com/news/europe/21731837-unlike-other-capitals-germanys-drain-rest-country-why-berlin-so

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