The uncertainty in Brexit outcome, tax competitions within the EU, and trade conflicts with the US are slowing the country’s economy. Germany needs to include the economic slump into their prospects to remain relevant. First, Germany needs to maintain strong cyclic revenue by increasing spending on education, transport infrastructure, and high-speed broadband, and this would boost growth and inclusiveness (Germany Economic forecast, 2018). Second, tax reductions in real estate, environment-based sector, and low wage earners would result in a greener, inclusive growth. Finally, strengthening worker’s training and learning would aid workers to cope with future technological changes, resulting in a better workforce (Germany Economic forecast, 2018). The uncertainty in the world economic dynamics, and how it affects Germany can only be mitigated through the maintenance of high revenue, tax reduction in critical areas, and preparing the workforce for future technological changes.

Germany is the biggest innovator in the world. Therefore, it is expected to lead the world in innovative ideas in the future, especially in technological advances. In preparation for future ground-breaking, creative ideas, the German Government has increased e-mobility project funding to small and medium businesses. Investment in innovation has enabled the various industry to apply for 128, 921 patents in 2017, making it the most significant patent applicant country in the world (Whiting, 2018). Volkswagen, the largest automaker in the world, exemplifies the commitment towards innovation, by spending 11.6 billion Euros on Research and development in 2017 (Whiting, 2018). Private and public funding for idea generation through innovation is one of the critical areas that the government of Germany seeks to grow its technological significance in the coming years.

 
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