On the plus side, Germany retains much of its scientific personnel and infrastructure that went to the United States after World War II. Germany will remain one of the largest scientific research areas in the world.
On the minus side, Germany - along with a lot of Western Europe - was able to build its industrial infrastructure to the most modern levels after WWII because everything was destroyed and needed replacing. This was one of the reasons for the general European "miracle" economies in the 1950s. Britain, on the other hand, was stuck with its much older industrial capital stock and lagged behind.
Also, Germany is behind the United States with advanced mass industry and managerial techniques. Germany in this era simply could not mass produce things as well as the Americans did. This will likely continue to hurt German competitiveness.
The German economy will continue to be dominated by large industrial concerns with a smaller mittelstand element (because there is no Stunde Null reset in 1945 which levels the playing fields).
So it is a mixed bag. Once the German economy recovers from its large armaments spending and balance of payment issues, Germany industry will do quite well against its European competitors, but it will lose out in manufacturing (although perhaps not in other industrials like chemicals) to the US by the 1960s. Germany, though, will remain a leader in certain high tech industries where economies of scale are not so important.
On the minus side, Germany - along with a lot of Western Europe - was able to build its industrial infrastructure to the most modern levels after WWII because everything was destroyed and needed replacing. This was one of the reasons for the general European "miracle" economies in the 1950s. Britain, on the other hand, was stuck with its much older industrial capital stock and lagged behind.
Also, Germany is behind the United States with advanced mass industry and managerial techniques. Germany in this era simply could not mass produce things as well as the Americans did. This will likely continue to hurt German competitiveness.
The German economy will continue to be dominated by large industrial concerns with a smaller mittelstand element (because there is no Stunde Null reset in 1945 which levels the playing fields).
So it is a mixed bag. Once the German economy recovers from its large armaments spending and balance of payment issues, Germany industry will do quite well against its European competitors, but it will lose out in manufacturing (although perhaps not in other industrials like chemicals) to the US by the 1960s. Germany, though, will remain a leader in certain high tech industries where economies of scale are not so important.