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Chancen für mehr Wachstum durch eine mutige Steuer- und Finanzpolitik

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  • Hüther Michael

Abstract

Germany’s manufacturing sector still shows gross fixed capital formation below pre-coronavirus levels and has been stuck in a recessionary trend since 2018. The advantages of German industry are at risk. Therefore, the federal government has to i) ensure that time is bridged and companies are supported until cheap energy is available, ii) improve investment conditions, iii) eliminate locational disadvantages (tax burdens, energy costs) and strengthen advantages (R&D, human capital) and iv) reduce bureaucratic costs. There is need for tax and growth policy reform. In this regard, the debt brake turns also acts as an effective brake on tax cuts and is thus questionable in terms of growth policy.

Suggested Citation

  • Hüther Michael, 2023. "Chancen für mehr Wachstum durch eine mutige Steuer- und Finanzpolitik," Wirtschaftsdienst, Sciendo, vol. 103(10), pages 660-664, October.
    • Handle: RePEc:vrs:wirtsc:v:103:y:2023:i:10:p:660-664:n:6
    DOI: 10.2478/wd-2023-0185
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    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • O49 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Other

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