Sólo un país europeo sería mejor sin su capital: Alemania

WORLD ECONOMIC FORUM.-Former Berlin mayor Klaus Wowereit famously called Germany’s hip capital “poor but sexy.” Indeed, according to a new study, Berlin is the only major capital city in Europe that depresses its country’s per capita GDP.

The Cologne Institute for Economic Research set out to see how GDP would be affected if a country had to cope without its capital city (link in German). Without London, Britain would be 11% poorer on a per capita basis. France would lose 15% of per capita income if it didn’t have Paris, where its biggest companies, like Total, Renault, and Peugeot have their headquarters. Greece would take a 20% hit without Athens.

But Germany, the biggest economy in Europe, could do without Berlin, from a financial point of view: the average German would be 0.2% wealthier if they didn’t have to support the relatively poor—but sexy!—city.

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