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Germany at a Crossroads

Ulrike Malmendier, et al.

Despite its ongoing economic stagnation and aging population, Germany’s outlook is far from hopeless. But to restore its growth momentum, it must embrace the realities of the twenty-first century, invest in high-potential emerging sectors, and adapt to an increasingly volatile geopolitical landscape.

urge policymakers to pursue bold structural reforms, rather than clinging to an outdated growth model.
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