2021年德国经济与公共财政状况述评

Abstract:This article discusses the economic situation in Germany from three aspects. Firstly，there is a review of Germany’s economic situation in 2021，including domestic production，employment，income and income distribution，liquidity，interest rates and prices，demand structure etc. Secondly，it discusses Germany’s public finances and financial policy，which include financial revenue and expenditure and public debt，the federal government’s financial policy，etc. Finally，it expounds the main points of Germany’s future economic policy. In conclusion，the author believes that the internal factors that determine the direction of the German economy are the marginal output of physical capital and total factor productivity，while the external factors are the European geopolitical environment and the energy supply mix. The proposal of the current federal government to emphasize the ecology and build a socio-ecological market economy is challenging. Germany’s GDP is expected to grow by 1.9 percent in 2022，with an average trend of 2.5 percent in the medium and long term.

收起