West Germany: Tarnished Miracle

A team of Common Market economists finally said out loud last week what European businessmen have been whispering about for some time: the once wondrous West German economy is fast slipping toward the bottom of the class in the Common Market Six.

The report was prepared by a team headed by respected French Economist Pierre Uri. It predicted that over the next decade West Germany's gross national product will grow more slowly than that of any other major Common Market nation save Belgium (whose economy is only one-fifth as big as West Germany's). By 1970, said the Uri group, the...

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