Trésor-Economics No. 172 - Is there too little private investment in Germany?
Private investment as a share of the German economy has fallen since the mid-1990s. It stood at 21% of GDP at the time, and has stagnated below 18% of GDP since the 2008 crisis. After the post-reunification boom, construction slowed in the 2000s, and the investment downturn then spread to the rest of the economy.Since the crisis, German private investment has shifted away from equipment and toward... Lire la suite