EconStor is a digital archive that makes academic publications accessible. The article "Exports and Economic Growth" by Wolfgang Michalski (1970) discusses the relationship between exports and economic growth in West Germany. It highlights that despite a decrease in net exports in 1969 compared to 1968, they remained relatively stable compared to 1967, and were approximately one percentage point higher than the government's view of balance-of-payments equilibrium. The article argues that the neomercantilistic export ideology, which is prevalent in the Federal Republic, is not just emotionally driven but has structural roots. It explains that the economic growth in West Germany was largely due to increased internal demand and favorable conditions for production potential. Exports played a significant role in economic growth, contributing to increased private investments and productivity. The article also notes that exports helped stabilize the economy during cyclical downturns and contributed to the growth of the capital stock. It further discusses the indirect productivity effects of exports, such as increased demand for capital goods and the expansion of production methods. The article also addresses the challenges of maintaining economic growth, including the potential negative effects of high export increases on domestic demand and the need for balanced economic policies. It concludes that while exports have been a major contributor to economic growth, there are political challenges in maintaining this growth, including the balance between economic growth, price stability, and balance-of-payments equilibrium. The article also mentions several important German laws and publications related to international economics.EconStor is a digital archive that makes academic publications accessible. The article "Exports and Economic Growth" by Wolfgang Michalski (1970) discusses the relationship between exports and economic growth in West Germany. It highlights that despite a decrease in net exports in 1969 compared to 1968, they remained relatively stable compared to 1967, and were approximately one percentage point higher than the government's view of balance-of-payments equilibrium. The article argues that the neomercantilistic export ideology, which is prevalent in the Federal Republic, is not just emotionally driven but has structural roots. It explains that the economic growth in West Germany was largely due to increased internal demand and favorable conditions for production potential. Exports played a significant role in economic growth, contributing to increased private investments and productivity. The article also notes that exports helped stabilize the economy during cyclical downturns and contributed to the growth of the capital stock. It further discusses the indirect productivity effects of exports, such as increased demand for capital goods and the expansion of production methods. The article also addresses the challenges of maintaining economic growth, including the potential negative effects of high export increases on domestic demand and the need for balanced economic policies. It concludes that while exports have been a major contributor to economic growth, there are political challenges in maintaining this growth, including the balance between economic growth, price stability, and balance-of-payments equilibrium. The article also mentions several important German laws and publications related to international economics.