Germany 2030: Germany's Prosperity Rests on Innovation
Germany's prosperity increasingly relies on innovation and technology, with demographic changes impacting traditional growth factors.
(Generated with the help of GPT-4)
Methods
The research method involved analyzing economic trends, demographic changes, technological advancements, and policy frameworks to assess Germany's future prosperity and industrial policy needs.
(Generated with the help of GPT-4)
Key Insights
Germany must focus on innovation and technology to drive future prosperity, as demographic changes reduce the growth contributions of labor and capital. Technological progress will be key, and Germany needs to address weaknesses in its startup environment, venture capital, public investment, and regulatory frameworks for key technologies. The strategic priorities include deepening the European single market and international trade, while balancing productivity and social cohesion in the digital world.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2030 | 2030 time horizon | 2030s time horizon | English publication language | European Union geographic scope | Germany geographic scope | demographic change | demography | digital economy | economic growth | economy | employment | energy | european single market | future and emerging technologies | german industrial policy | growth | health | industrial policy | industry | innovation | international investment | investment | productivity | research | social cohesion | technology | trade