AUSTERITY Michaela Rehle/Reuters
One point for the German-skeptics. Despite its reputation for on-time world-class infrastructure, officials in Germany, which has been implementing austerity policies since the recession, are sounding the alarm about the nation's decaying infrastructure. Roughly half of Germany's municipal bridges are in poor condition as well as one-fifth of its highways. In 2011, Germany spent 0.6 percent of GDP on inland infrastructure, less than France, Britain, or Canada, causing its rankings worldwide in infrastructure to slip from third in 2006 to tenth in 2013.