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Michael Hüther / Hubertus Bardt IW-Policy Paper No. 10 5. May 2020 From the Opening of the Lockdown to New Economic Perspectives

The lockdown measures from 16 and 23rd March respectively to fight the corona epidemic the have widely affected the German economy. First signals for easing the measures were given after the Easter period.

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From the Opening of the Lockdown to New Economic Perspectives
Michael Hüther / Hubertus Bardt IW-Policy Paper No. 10 5. May 2020

From the Opening of the Lockdown to New Economic Perspectives

IW-Policy Paper

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The lockdown measures from 16 and 23rd March respectively to fight the corona epidemic the have widely affected the German economy. First signals for easing the measures were given after the Easter period.

In many instances a re-start of the production in companies can be arranged, in some parts there are still prohibitions without a time horizon. Two thirds of companies still experience a strong impact from the corona crisis. The only readily available comparison of the cuts to the economy is, at most, the economic and financial crisis a decade ago. The number of employees in short-time work is significantly higher though, and so is the number of sectors concerned. The short-term economic indicators all fell in record time.

A further extension of the economic stand-still threatens to lead to a dynamic downward trend, which absolutely needs to be avoided. Next to permitting more economic activity and making available the necessary public conditions, such as large-scale testing or organising the opening of schools, we increasingly need to focus on instruments for achieving cyclical stabilisation. The loss of demand for investment good and consumer durables looms large. Furthermore, it will be essential to develop an economic growth programme, which improves the conditions for investment while at the same time supports the structural changes from digitalisation and climate protection.

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From the Opening of the Lockdown to New Economic Perspectives
Michael Hüther / Hubertus Bardt IW-Policy Paper No. 10 5. May 2020

Michael Hüther / Hubertus Bardt: Von der Öffnung des Lockdowns zu neuen wirtschaftlichen Perspektiven

IW-Policy Paper

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Supply bottlenecks and price developments for raw materials and inputs
Hubertus Bardt / Matthias Diermeier / Michael Grömling / Michael Hüther / Thomas Obst IW-Report No. 27 9. August 2021

Supply bottlenecks and price developments for raw materials and inputs

Having experienced strict economic lockdowns, the post-pandemic period various sectors report severe supply side bottlenecks and price increases for intermediate goods.

IW

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IW-Forschungsgruppe Gesamtwirtschaftliche Analysen und Konjunktur IW-Trends No. 1 24. March 2021

IW Economic Forecast Spring 2021: Pandemic Sends a Divided Economy on a Rollercoaster Ride

The German economy is divided on both the supply and demand sides. Consumption and parts of the service economy are again experiencing sharp falls while exports and some industrial sectors are benefiting from a worldwide economic recovery.

IW

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