September 23, 2021

Macro Series

Germany – economic challenges for the new government

BY Michael Heise

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  • In a number of respects the German economy is in a good position after 16 years of Mrs Merkel
  • But there are problems too, including slow growth that is unduly dependent on exports
  • Securing good future performance will require that policy be made holistically, not piecemeal
  • Particular emphasis warrants being paid to investment in human capital and infrastructure

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