The prolonged economic upswing in Germany has come to an end. This reflects the global economic slowdown as well as a number of structural factors that may be slowing growth. Furthermore, there are considerable risks to future growth: an escalation of the current trade disputes in particular could be very damaging to Germany’s export-driven economy. Economic prospects are moderate, while structural change is imminent, arising especially from technological advances due to digitalisation and the need for a transition to a new climate policy. Against this background, a key objective of economic policy should be to strengthen the growth potential of the German economy.

Sachverständigenrat zur Begutachtung der Gesamtwirtschaftlichen Entwicklung

ISBN: 978-3-8246-1089-1

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