Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/268980 
Year of Publication: 
2022
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 102 [Issue:] 12 [Year:] 2022 [Pages:] 922-928
Publisher: 
Springer, Heidelberg
Abstract (Translated): 
Tackling the crisis, readjusting the economic model: Rising energy prices, historically high inflation rates and ongoing supply chain bottlenecks are challenging Germany's long-standing industrial base. On top of that, entrepreneurs and the state alike are faced with new geopolitical tensions forcing them to re-evaluate existing (trade) relationships. In order to strengthen Germany's attractiveness as an industrial location in the long term and to emerge from this crisis more resilient to economic and geopolitical changes, its economic model needs to be readjusted. In this article, we thus discuss key areas of action, including how to secure energy supply, how to diversify international relationships, as well as how to provide sustainable and targeted support to firms that does not prevent structural change.
JEL: 
Q4
O13
F5
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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