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How Did Germany Fend Off the Financial and Economic Crisis? Or: The Need for Comprehensive Explanatory Approaches

Horst Zimmermann
ifo Institut, München, 2013

ifo Schnelldienst, 2013, 66, Nr. 24, 15-18

Why did Germany come through the financial and economic crisis of 2008/2010 so quickly? Germany certainly started out in a stronger economic position than other countries. The effectiveness of individual instruments like infrastructure measures, for example, has also been sufficiently analysed. However, in the opinion of Horst Zimmermann, Prof. em. Universität Marburg, the contribution made by the combined effect of several instruments remains unclear.

JEL Classification: O100, F300, E500

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ifo Institut, München, 2013