How to Re‐Design German Fiscal Policy Rules After the COVID19 Pandemic
Michael Hüther / Jens Südekum IW-Policy Paper No. 25 17. November 2020 How to Re‐Design German Fiscal Policy Rules After the COVID19 Pandemic
The study will first outline the way in which Germany’s fiscal policy was driven for several decades by a paradigm that centered on deficit control and reduced state involvement in the economy.
The study will first outline the way in which Germany’s fiscal policy was driven for several decades by a paradigm that centered on deficit control and reduced state involvement in the economy.
It will assess the damage wrought by this strategy – for example, underinvestment in infrastructure and the worsening of the financial situation in many local municipalities. Afterwards, we sketch out a new framework for fiscal policy that might take the evaluation of public needs and the need for more public investment as starting points. The study will also address the response to the Corona pandemic and in what sense it reinforces the need for a new fiscal paradigm. What are the implications of such a shock for fiscal policy rules? And how should Germany and the European Union handle the enormous public debt incurred during this crisis?
Enno Kohlisch / Oliver Koppel / Malte Küper / Thomas Puls IW-Trends No. 3 14. September 2021
Change in Innovation in the German Motor Vehicle Industry
Social and political change necessitates corresponding innovations in motor vehicle technology. This paper analyses the nature of current technological progress in Germany’s motor vehicle industry.
Enno Kohlisch / Oliver Koppel / Malte Küper / Thomas Puls IW
Compendium 5.0: CO2 Regulation of Road Transport in Europe
With the Compendium CO2 Regulation in Europe, the IW has been providing the interested public with a comprehensive collection of data on the development of CO2 emissions from passenger car traffic in the European Union, as well as on the applicable regulatory ...
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