Country Comparison Germany And France

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Country Comparison Germany and France Political and economic environments Germany and France are developed economy with politically stable environment. They are members of the European Union so they have other countries to back them up if there is an economic crisis, or any other type of crisis. And they have large economy where the citizens are paid high wages, and there is a large middle class. Germany, official name: Federal Republic of Germany has three levels of government. First level is the Federal government, which is responsible for notional laws, taxations, etc. Second level is the States government, which own constitutions, governments and parliaments. Third level is the local government, which has relatively large power over business (Bureau of European and Eurasian Affairs). France, official name: French Republic has a political structure that the President functions as the head of the state and is elected for five years under universal suffrage. As the head of state, the President controls foreign policy and defense, and appoints a prime minister with the approval of the parliament. The Prime Minister functions as the head of government and is in charge of domestic policy, and The Parliament, made up of the Senate and the National Assembly, constitutes the legislative section of the government and is responsible for creating and voting on laws (Bureau of European and Eurasian Affairs). According to the textbook, many types of political and economic variables could present a risk to conducting business. The stability of a country’s government and political system are important source of uncertainty. Apparently, Germany and France have stable economy and sufficient legal system, which indicate the strong legal and political foundations of international management. Germany is the second largest export county in the world, while France is the
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