Publikationen der Stiftung → Germany's recovery strategy Titel
Publikationen der Stiftung → Germany's recovery strategy
Titel
Titelaufnahme
Titelaufnahme
- TitelGermany's recovery strategy : setting the course for a climate-neutral and digital future?
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- Körperschaft
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- Parallele Sprachausgabe
- Umfang1 Online-Ressource (4 Seiten)
- SpracheEnglisch
- SerieEuropa
- DokumenttypDruckschrift
- Schlagwörter
- Geografika
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Zusammenfassung
The corona pandemic and the restrictions imposed on economic and social activities to contain it have led to a sharp economic contraction in Germany as well. Furthermore, they met with an already weakened growth momentum and an economy with structural problems and a considerable investment deficit in basic and especially digital infrastructure. In view of this situation, it was possible to suspend the so-called "debt brake" and to invest in a strengthened economic performance with massive government support programmes. Although the massive state intervention during the acute phase of the crisis directed considerable
resources into supporting existing (often fossil-based) infrastructures and companies, focusing the recovery programme on green technologies and digitalisation can accelerate the urgently needed transformation efforts in these areas and thus help to reduce structural deficits in the German economy. There is also widespread agreement that, in view of the enormous challenges, a more active state that is both capable and willing to act is needed, as well as a coordinated European approach.