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The US-Inflation Reduction Act: Global Assessments of Economic Experts

Author

Listed:
  • Klaus Gründler
  • Philipp Heil
  • Niklas Potrafke
  • Timo Wochner

Abstract

According to the experts surveyed, the IRA does not receive much attention from a global perspective. Only in European countries, especially in Western Europe, the topic plays an important role. This is also where concerns about negative effects on the domestic economy as a result of the IRA are greatest. In Germany and France in particular, there are fears of an exodus of companies. A considerable number of experts support a counter-reaction by policymakers. The two most frequently cited recommendations for action are improvements in investment conditions and an adjustment of subsidies or the pursuit of an active industrial policy.

Suggested Citation

  • Klaus Gründler & Philipp Heil & Niklas Potrafke & Timo Wochner, 2023. "The US-Inflation Reduction Act: Global Assessments of Economic Experts," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 138, July.
    • Handle: RePEc:ces:ifofob:138
    as

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    References listed on IDEAS

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