About this article
Published Online: Oct 26, 2023
Page range: 670 - 675
DOI: https://doi.org/10.2478/wd-2023-0187
Keywords
© 2023 Tom Bauermann et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
Aggregate investment in Germany has developed much less dynamically than forecast prior to Russia’s invasion in Ukraine. The reasons for the subdued investment dynamic are uncertainty about future energy prices, increased interest rates and – in the case of housing investment – increased construction costs. The recently propsed Wachstumschancengesetz is insufficient to fundamentally alter these obstacles. Bolder policy measures are needed.