Germany’s economic road ahead

Germany’s economic road ahead

Angela Merkel is seen during election night event at the CDU’s party headquarters The next German government will face economic-policy challenges in five key areas: digitalisation and automation, demographic change, globalisation, climate change, and European integration.

With respect to digitalisation, Germany tends to fluctuate between excessive enthusiasm for expanding fiber-optic networks and fear of the impact of new, largely unregulated business models, such as those underpinning avatars of the “sharing economy” like Uber and Airbnb.

But German policymakers must not respond to such sentiments with knee-jerk reactions. Rolling out a nationwide fiber-optic network, rather than simply servicing the locales that are […]

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