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Finanzierung von Zukunftsinvestitionen: Pragmatische Lösungen sind gefragt
[Financing Investments in the Future: Pragmatic Solutions Are Needed]

Author

Listed:
  • Monika Schnitzer

    (Ludwig-Maximilians-Universität München)

  • Achim Truger

    (Universität Duisburg-Essen)

Abstract

Since the new German federal government has imposed tight fiscal policy restrictions on itself, a pragmatic approach is needed to finance the spending requirements of the transformation. The financing instruments mentioned in the coalition agreement appears to be suitable in principle for meeting key fiscal challenges facing the federal government in the coming years. However, they need to be quantified in concrete terms as quickly as possible and designed to ensure legal security in order to send reliable signals for the necessary capacity building, particularly in the construction industry and public administration.

Suggested Citation

  • Monika Schnitzer & Achim Truger, 2022. "Finanzierung von Zukunftsinvestitionen: Pragmatische Lösungen sind gefragt [Financing Investments in the Future: Pragmatic Solutions Are Needed]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(1), pages 11-14, January.
    • Handle: RePEc:spr:wirtsc:v:102:y:2022:i:1:d:10.1007_s10273-022-3086-7
    DOI: 10.1007/s10273-022-3086-7
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    References listed on IDEAS

    as
    1. Tom Krebs & Janek Steitz, 2021. "Oeffentliche Finanzbedarfe fuer Klimainvestitionen im Zeitraum 2021-2030," Working Papers 3, Forum New Economy.
    2. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 3.
    3. Achim Truger, 2020. "Reforming EU Fiscal Rules: More Leeway, Investment Orientation and Democratic Coordination," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(5), pages 277-281, September.
    4. Achim Truger, 2015. "Implementing the golden rule for public investment in Europe," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 138, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    5. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 2.
    6. Achim Truger, 2015. "Implementing the Golden Rule for Public Investment in Europe: Safeguarding Public Investment and Supporting the Recovery. WWWforEurope Policy Paper No. 22," WIFO Studies, WIFO, number 57898, April.
    7. Georg Hermes & Lukas Vorwerk & Thorsten Beckers, 2020. "Die Schuldenbremse des Bundes und die Möglichkeit der Kreditfinanzierung von Investitionen – Rechtslage, ökonomische Beurteilung und Handlungsempfehlungen," IMK Studies 70-2020, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    8. Lars P. Feld & Veronika Grimm & Wolf Heinrich Reuter, 2021. "Zukunftsperspektiven sichern durch Reformen, nicht durch Schulden," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(6), pages 418-424, June.
    9. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 3.
    10. Francesca Barbiero & Zsolt Darvas, 2014. "In sickness and in health- protecting and supporting public investment in Europe," Policy Contributions 812, Bruegel.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    E62; H54; H62;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

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