CHAPTER EIGHT

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What We Can Learn from the Germans

NO ONE THESE DAYS TALKS of a “German miracle,” least of all the Germans. And there are no bestselling books about German management, and no seminars on “What We Can Learn from the Germans.” Yet the German economic performance these last few years is every bit as impressive as that of the Japanese, and more solid.

A few years ago West Germany furnished 13 percent of all industrial goods in world trade; its share of a substantially expanded industrial-goods world trade in 1985 was up to 17 percent. It still trails the United States: our share in industrial exports is 20 percent. But Germany is substantially ...

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