The global economy is growing, but Germany is lagging behind. Süddeutsche Zeitung recently summed up the current situation: While the global economy is growing moderately, the upturn is hardly noticeable in Germany.
Current forecasts predict global growth of around 2.5 per cent per year. The main drivers are the USA and parts of Asia. The German economy, on the other hand, continues to struggle with structural problems. Industry in particular is losing competitiveness, a trend that has recently intensified rather than weakened.
Trade policy and reform backlog as negative factors
The trade policy of the USA remains a key factor of uncertainty. According to calculations by the ifo Institute, new and higher tariffs are having a noticeable impact on German growth. At the same time, the domestic political debate is coming more sharply into focus: many economists feel that a clear, growth-oriented reform course has been lacking so far. Instead, individual measures with limited impact are dominating.
The warning is clear: without a coherent overall economic policy concept, Germany risks losing further ground.
It is precisely in such times that a sound economic assessment is needed. Speakers who can explain complex issues in an understandable way, classify scenarios and provide guidance are more important than ever for companies, associations and management teams.
Our experts on the topic
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Jens Südekum, Professor of International Economics at Heinrich Heine University Düsseldorf and personal advisor to the Federal Minister of Finance on macroeconomic issues
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Marcel Fratzscher, President of DIW Berlin, Professor of Macroeconomics
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Clemens Fuest, President of the ifo Institute and one of Germany's most influential economic policy thinkers
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Lars Feld, one of Germany's most renowned economic experts and former Chairman of the German Council of Economic Experts
As speakers, they analyse structural weaknesses, identify conflicting political goals and highlight the economic policy decisions that are now necessary. After all, those who are familiar with different perspectives and ask the right questions can remain capable of acting even in a difficult environment and make strategically smarter decisions. This is less about specific forecasts and more about understanding the economic framework conditions.
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