1. Home
  2. Studies
  3. 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.

Download
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

IW Policy Paper

Download

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

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?

Download
How to Re‐Design German Fiscal Policy Rules After the COVID19 Pandemic
Michael Hüther / Jens Südekum IW-Policy Paper No. 25 17. November 2020

Michael Hüther / Jens Südekum: How to re‐design German fiscal policy rules after the COVID19 pandemic

IW Policy Paper

Download

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
How Much Do Infrastructure Problems Affect Businesses in Germany? Results of IW Surveys
Thomas Puls / Edgar Schmitz IW-Trends No. 4 22. November 2022

How Much Do Infrastructure Problems Affect Businesses in Germany? Results of IW Surveys

In recent months, closed motorways, congested seaports and cancelled freight trains have combined with already high energy prices and material shortages to cause exasperation in Germany’s business community.

IW

Read the article
Thomas Puls Expertise 13. September 2022

Compendium 5.2: 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 ...

IW

More about this topic

Content element with id 8880 Content element with id 9713