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Economic Outlook

Joint Economic Forecast 1/20: Economy in Shock – Fiscal Policy to Counteract

Authors

  • Holtemöller
  • O.
  • Kooths
  • S.
  • Michelsen
  • C.
  • Wollmershäuser
  • T.
  • Schmidt
  • T.

Publication Date

Key Words

Corona crisis

COVID19

Related Topics

Labor Market

Growth

Fiscal Policy & National Budgets

Economic & Financial Crises

Business Cycle Germany

Business Cycle

Germany

The coronavirus pandemic is triggering a severe recession in Germany. Economic output will shrink by 4.2 percent this year. This is what the leading economics research institutes expect in their spring report. For next year, they are forecasting a recovery and growth of 5.8 percent.

Kiel Institute Expert

  • Prof. Dr. Stefan Kooths
    Research Director

More Publications

Subject Dossiers

  • Production site fully automatic with robot arms

    Economic Outlook

  • Inside shoot of the cupola of the Reichstag, the building of the German Bundestag.

    Economic Policy in Germany

  • Colorful flags of European countires in front of an official EU building.

    Tension within the European Union

Research Center

  • Macroeconomics