2023-08-04 10:06:58
The way out of stagnation
How can the state speed up growth in Germany again? 10 suggestions from economists.
The global economy is growing, but Germany is at the bottom of all major industrialized countries. The Federal Republic has already freed itself from a similar crisis. Now the country is plagued by structural problems that cannot be solved with quick economic stimulus programs. Ten renowned economists have each provided the Handelsblatt with their best ideas for more growth. Among other things, they are demanding a power plant alliance with France, lower taxes and more transparency in wages. The result: an agenda against decline. Sociologist Andreas Reckwitz explains how the stagnating economy is undermining trust in parliamentary democracy and how populists are using it to their advantage. Read his conversation with the Handelsblatt here.
Germany in the summer of 2023 feels like a country on the verge of burnout. The economists have taken on the role of concerned physicians. They present new indicators almost every day, all pointing in one direction: down.
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