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...
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Main Authors: | , , , , |
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Format: | Article |
Language: | deu |
Published: |
Sciendo
2021-05-01
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Series: | Wirtschaftsdienst |
Online Access: | https://doi.org/10.1007/s10273-021-2915-4 |
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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. |
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ISSN: | 0043-6275 1613-978X |