Hüther Michael, Bardt Hubertus
Institut der deutschen Wirtschaft Köln e.V., Konrad-Adenauer-Ufer 21, 50668 Köln, Deutschland.
Wirtschaftsdienst. 2020;100(4):277-284. doi: 10.1007/s10273-020-2635-1. Epub 2020 Apr 22.
The fight against the coronavirus pandemic has led to an insulation of social and economic life and will have considerable economic consequences. Important areas of the industry and service sectors were partially or completely shutdown. A resumption of activity should happen as soon as possible, once the medical pre-conditions have been established and are met. This requires a clear exit strategy and following several steps to return to previous welfare and growth data levels. After securing survival during this crisis via various liquidity lines and bridging loans, the economy's restart requires the relaunch of public infrastructure, especially of schools and kindergartens. To facilitate a coordinated and synchronised restart of complex industrial value chains, we need clear signals on a planned schedule. A tax policy driven departure signal and a demand side focused growth programme could make an important contribution to a new economic dynamic after the crisis.
抗击新冠疫情导致社会和经济生活隔离,并将产生重大经济后果。工业和服务业的重要领域部分或完全停工。一旦建立并满足医疗前提条件,应尽快恢复活动。这需要明确的退出战略,并采取若干步骤恢复到以前的福利和增长数据水平。在通过各种流动资金和过桥贷款确保在这场危机中生存之后,经济重启需要重新启动公共基础设施,特别是学校和幼儿园。为促进复杂工业价值链的协调同步重启,我们需要关于计划时间表的明确信号。税收政策驱动的出发信号和以需求侧为重点的增长计划可为危机后的新经济活力做出重要贡献。