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 BBC Images