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oups International organization participation: AfDB, AsDB, Australia Group, BDEAC, BIS, CBSS, CCC, CDB (non-regional), CE, CERN, EAPC, EBRD, ECE, EIB, EMU, ESA, EU, FAO, G- 5, G- 7, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MONUC, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNITAR, UNMIBH, UNMIK, UNOMIG, UPU, WADB (nonregional), WEU, WHO, WIPO, WMO, WToO, WTrO, ZC Diplomatic representation in the US: chief of mission: Ambassador Juergen CHROBOG chancery: 4645 Reservoir Road NW, Washington, DC 20007 telephone: (202) 298-8141 FAX: (202) 298-4249 consulate(s) general: Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New York, San Francisco consulate(s): Wellington (America Samoa) Diplomatic representation from the US: chief of mission: Ambassador John C. KORNBLUM embassy: Neustaedtische Kirchstrasse 4-5, 10117 Berlin mailing address: PSC 120, Box 1000, APO AE 09265 telephone: (30) 238-5174 FAX: (30) 238-6290 consulate(s) general: Dusseldorf, Frankfurt am Main, Hamburg, Leipzig, Munich Flag description: three equal horizontal bands of black (top), red, and gold @Germany:Economy Economy - overview: Germany possesses the world's third most technologically powerful economy after the US and Japan, but its basic capitalistic economy has started to struggle under the burden of generous social benefits. Structural rigidities - like a high rate of social contributions on wages - have made unemployment a long-term, not just cyclical, problem, while Germany's aging population has pushed social security outlays to exceed contributions from workers. The integration and upgrading of the eastern German economy remains a costly long-term problem, with annual transfers from the west amounting to roughly $100 billion. Growth slowed to 1.5% in 1999, largely due to lower export demand and still-low business confidence. Recovering Asian demand, a push for fiscal consolidation, and newly proposed business and income tax cuts - if passed - are expected to boost growth back to trend rates around 2.5% in 2000 and beyond. The adoption of a common European currency and the general political and economic integration of Europe will bring major changes to the German economy in the early 21st century. GDP: purchasing power parity - $1.864 trillion (1999 e
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