Guest commentary: Private investors' interest in Europe is growing
Germany must reduce strategic dependencies. For Europe, economic security is also a prerequisite for growth, says Bernard Mensah of Bank of America.
Germany's economic success over the past few decades has been driven by globalization, which has brought benefits such as open markets, connected supply chains, and lower energy and transport costs. However, this strategy has also created significant economic dependencies and risks, including Europe's reliance on US technologies in areas like Artificial Intelligence and digital infrastructure, as well as cybersecurity risks.
The ongoing retreat of globalization has led to a paradigm shift in Germany, with a new focus on economic security, which aims to make the economy more resilient to internal and external risks. This shift is influencing how capital is directed by states and used by investors.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.