How can economic and financial policy measures strengthen growth potential in the long-term? Does the risk exist that structural change and transformation will lead to deindustrialisation in Germany? In mid-May, representatives of the Federal Government discussed these questions with economics professors, including Prof. Dr Dr h.c. Friederike Welter (IfM Bonn/University of Siegen).
The IfM President pointed out that, in the view of the IfM Bonn, there is currently no threat of deindustrialisation, but rather a gradual decline in the share of industrial value added. What is needed in the future is an activating economic policy that provides good and reliable framework conditions – and not an active economic policy that intervenes to guide the economy, as is currently the case.
