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How Did Germany Fend Off the Financial and Economic Crisis? Or: The Need for Comprehensive Explanatory Approaches

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  • Horst Zimmermann

Abstract

Why did Germany come through the financial and economic crisis of 2008/2010 so quickly? Germany certainly started out in a stronger economic position than other countries. The effectiveness of individual instruments like infrastructure measures, for example, has also been sufficiently analysed. However, in the opinion of Horst Zimmermann, Prof. em. Universität Marburg, the contribution made by the combined effect of several instruments remains unclear.

Suggested Citation

  • Horst Zimmermann, 2013. "How Did Germany Fend Off the Financial and Economic Crisis? Or: The Need for Comprehensive Explanatory Approaches," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(24), pages 15-18, December.
    • Handle: RePEc:ces:ifosdt:v:66:y:2013:i:24:p:15-18
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    References listed on IDEAS

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    1. Horst Zimmermann, 2009. "Finanz- und Wirtschaftskrise — Was kosten die Maßnahmen wirklich?," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 89(5), pages 306-312, May.
    2. Buchheim, Lukas & Watzinger, Martin, 2013. "Do Public Investments Increase Employment in a Recession? Evidence from Germany," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79826, Verein für Socialpolitik / German Economic Association.
    3. Horst Zimmermann, 2012. "Finanz-, Wirtschafts- und Staatsschuldenkrise: ihre Bedeutung für den öffentlichen Haushalt," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 92(2), pages 101-104, February.
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      JEL classification:

      • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
      • F30 - International Economics - - International Finance - - - General
      • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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