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The bank, based in Frankfurt, benefited from lending to the country's powerful export sector.
All this amounts to a powerful export potential worth billions of pounds a year to our economy.
They joined the euro at too high a rate, and then painstakingly made themselves competitive, creating a powerful export machine (their current account is in surplus).
Commerzbank, which focuses on lending to midsize companies in Germany, benefited from the success of the country's powerful export sector, which has continued to thrive by selling products in fast-growing countries like China.
Currently, Greece's debts amount to about a hundred and seventy-five per cent of its G.D.P., and, unlike Weimar Germany, it doesn't have powerful export industries that could theoretically generate the funds to pay them off.
China faces its own internal battles over its currency, pitting its diplomats against its powerful export lobby, so it may have little choice but to pursue only a slow revaluation.
Similar(49)
The consequence of London as a world financial center (do we really need one?) is a national economy way out of balance, dependent on a too powerful, extractive export industry that corrupts politicians with influence (even if subconsciously); drives extreme inequality; and separates London's elite from the rest of the U.K. as Brexit demonstrated.
In this way, CPY* differs from the transmembrane protein Wsc1p, which contains a powerful ER export signal in its cytoplasmic domain.
To determine the effect of a powerful ER export signal on the processing of a misfolded protein, Kincaid and Cooper engineered novel versions of CPY* fused to the transmembrane and cytosolic domains of Sys1p [24].
OpenRefine also includes powerful automated export mechanisms.
Despite vanishing overseas markets, policy makers would be wary unless they were sure that domestic demand would be as powerful as exports in driving growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com