Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth

Abstract In Germany, the first year of the coronavirus pandemic was characterised by extreme fluctuations in economic activity and a massively paralysed domestic economy. In their spring report, the leading economic research institutes assume that the current shutdown will continue and gradually be...

Full description

Saved in:
Bibliographic Details
Main Authors: Oliver Holtemöller, Stefan Kooths, Claus Michelsen, Torsten Schmidt, Timo Wollmershäuser
Format: Article
Language:deu
Published: Sciendo 2021-05-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-021-2915-4
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Abstract In Germany, the first year of the coronavirus pandemic was characterised by extreme fluctuations in economic activity and a massively paralysed domestic economy. In their spring report, the leading economic research institutes assume that the current shutdown will continue and gradually be lifted from mid-May until the end of the third quarter. In the wake of the easing, private consumption in particular will recover strongly. Overall, GDP is expected to grow by 3.7 % this year and 3.9 % next year.
ISSN:0043-6275
1613-978X