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Sondervermögen Infrastruktur: Verschuldungsspielräume klug nutzen

Author

Listed:
  • Werding Martin
  • Bialek-Gregory Sylwia
  • Schwarz Milena
  • Zuber Christopher

Abstract

The establishment of a special infrastructure fund with €500 billion in credit authorisation marks a political turning point in German investment policy. It is intended to address a long-standing investment backlog, particularly in the transport sector. However, critics see risks of a lack of additional funding and earmarking. The German Council of Economic Experts is calling for additional rules, including a minimum investment quota and long-term models for the fund. The decisive factor will be whether the extended scope for debt actually flows into future-oriented infrastructure projects.

Suggested Citation

  • Werding Martin & Bialek-Gregory Sylwia & Schwarz Milena & Zuber Christopher, 2025. "Sondervermögen Infrastruktur: Verschuldungsspielräume klug nutzen," Wirtschaftsdienst, Sciendo, vol. 105(5), pages 320-324.
    • Handle: RePEc:vrs:wirtsc:v:105:y:2025:i:5:p:320-324:n:1006
    DOI: 10.2478/wd-2025-0084
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    References listed on IDEAS

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    1. 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.
    2. Bohne Albrecht & Heinemann Friedrich & Niebel Thomas & Thöne Michael, 2024. "Die Zukunftsquote: ein neuer Kompass für den Bundeshaushalt," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 25(2), pages 113-129.
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    More about this item

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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