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Growing Older: Germany Needs Reforms

Detragiache, Enrica, Natal, Jean-Marc, Pereira, Joana, (2016), “Growing Older: Germany Needs Reforms”, IMFdirect, 29 Ιουνίου

Germany, a champion of structural reform prescriptions within the European Union, needs a large dose of the same medicine at home, too. Beyond public investment in transport and telecommunications, and more competition in services, dealing with an aging population needs urgent attention. With the right policies, Germany can bring more people into the workforce—and for longer—to counter the demographic trend, argues a recent study accompanying the regular health check of the German economy by the International Monetary Fund.

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