Deutsche Wirtschaft kränkelt – Reform der Schuldenbremse kein Allheilmittel

Timm Bönke, Oliver Holtemöller, Kooths Stefan, Schmidt Torsten and Timo Wollmershäuser

Wirtschaftsdienst, 2024, vol. 104, issue 4, 246-251

Abstract: Cyclical and structural factors are overlapping in Germany’s sluggish overall economic development. Until recently, there have been more headwinds than tailwinds from both the external and domestic economy. A low momentum recovery is likely to set in after spring. Net immigration has stabilised the labour force substantially; the productivity of immigrants remains subdued though due to integration problems and qualification mismatches. While a mild reform of the debt brake is advisable, a reorganisation of the overall fiscal constitution to better shield municipal investment activity from cyclical budget shortfalls is much more important.

JEL-codes: E32 F01 F17 H68 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/wd-2024-0068 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:104:y:2024:i:4:p:246-251:n:11

DOI: 10.2478/wd-2024-0068

Access Statistics for this article

Wirtschaftsdienst is currently edited by Nicole Waidlein

More articles in Wirtschaftsdienst from Sciendo
Bibliographic data for series maintained by Peter Golla ().