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The coronavirus pandemic has triggered a surge in digitalisation, at the same time, deficits have become apparent. The GCEE analyses in its annual national productivity report the factors and conditions for productivity growth and competitiveness.
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The German Council of Economic Experts has published its Annual Report 2020/21. It is titled "Overcoming the Coronavirus Together; Strengthening Resilience and Growth".
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Today is the first day of the quiet period of the German Council of Economic Experts. The council members will not make any public statements until the annual report is handed over to the German government on Wednesday, 11 November 2020.
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Economic Outlook for 2020 and 2021 published: The German Council of Economic Experts expects the economy in Germany and the euro area to decline significantly due to the coronavirus pandemic by 6.5 % and 8.5 % in 2020, respectively.
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