Main content

Does Germany need to reinvent itself?

Falling demand for manufacturing goods, the pandemic, war in Ukraine and high energy costs have weakened Germany’s economy. So how can Germany reinvigorate its exports and growth?

When Chancellor Olaf Scholz fired his finance minister, Christian Lindner last month, Germany’s ‘traffic light’ government collapsed, an uneasy coalition between parties with differing perspectives and strained relations, the Social Democrats, the Greens and the Free Democrats.

At the heart of the political dispute lie deeply opposing views about spending plans, and how to fund much needed investment in infrastructure projects such as transport, education, green energy and digital technology, in order to boost Germany’s international competitiveness.

Falling demand both domestically and overseas for manufacturing goods, the pandemic, war in Ukraine and high energy costs have weakened Germany’s economy. So how can Germany reinvigorate its exports and economic growth? On this episode of The Inquiry, we’re asking: Does Germany need to reinvent itself?

Contributors
Michaela Kuefner, Chief Political Editor, DW Deutsche Welle.
Marcel Fratzscher, President, German Institute for Economic Research & Professor of Macroeconomics, Humboldt University.
Julian Hinz, Professor of International Economics, Bielefeld University & Director, Trade Policy Research Group, Kiel Institute for the World Economy.
Monika Schnitzer of Economics & Chairwoman of the German Council of Economic Experts.

Presenter: Tanya Beckett
Production: Diane Richardson and Matt Toulson
Production Co-ordinator: Liam Morrey
Technical Producer: Matthew Dempsey
Editor: Tara McDermott

Image credit - Reuters via ´óÏó´«Ã½ Images

Available now

23 minutes

Last on

Sun 15 Dec 2024 01:06GMT

Featured

  • .

Broadcasts

  • Thu 12 Dec 2024 08:06GMT
  • Thu 12 Dec 2024 15:06GMT
  • Thu 12 Dec 2024 18:06GMT
  • Thu 12 Dec 2024 23:06GMT
  • Sun 15 Dec 2024 01:06GMT

Podcast