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The paper explores Germany's position as a major economic power, highlighting its status as the fourth largest economy globally, supported by a population of 82 million and a nominal GDP of $3.352 trillion. It emphasizes the traditional bank-based financial system in Germany, where businesses predominantly depend on banks for funding rather than capital markets, reflecting unique characteristics of the country's financial landscape.
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Financial System of Germany, Bikal Dhungel
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- 2011
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