Returning to Normality after the Coronavirus Crisis? – An Excerpt from the German Council of Economic Experts Annual Report

Annual Report by the German Council of Economic Experts

Economic players and the general public are particularly eager to see this year’s report by the German Council of Economic Experts. Published in the first half of November, it will be the first such report to capture the economic recovery and possible long-term consequences following the coronavirus crisis. The five-member Council regularly monitors overall economic development in Germany, seeking to identify undesirable developments as well as the options for avoiding or eliminating them.

Monika Schnitzer, LMU professor and member of the Council of Economic Experts, presented and discussed the findings of the report at the ifo Institute.

General Information on the Presentation

The presentation was held in German and took place as an online event.

The event was part of the series from May 2021 until December 2021:

Germany’s Economic Policy Challenges in the Post-Merkel Era

German Chancellor Angela Merkel launched a number of important policy initiatives during her record-breaking term of office. With the nuclear phase-out, she gave German climate policy a clear, albeit controversial, boost. The same is true for refugee policy – an area in which the next government must find meaningful ways to move forward. In other policy areas, she will leave her successor the task of seeking completely new paths, for example in industrial policy, digitalization, tax policy, and social policy. What challenges does Germany urgently need to address in the next chancellor’s term? What might possible solutions look like?