Prof. Dr. Dr. H.C. Clemens Fuest
How Can Germany Secure Economic Prosperity in the Future?
Lecture on December 13, 2024
The German economy is facing significant challenges. For some time, issues like demographic change, climate change, and the digital transformation of the economy have been high on the agenda for both business and politics. Current crises have added to these concerns with geopolitical tensions, protectionism, energy shortages, and increasing defense costs. Where does Germany stand in tackling these challenges, and what steps are necessary to secure economic prosperity under these conditions? This lecture will focus on addressing these critical questions.
Prof. Dr. Dr. H.C. Clemens Fuest
Professor Dr. Dr. h.c. Clemens Fuest is the President of the ifo Institute (Leibniz Institute for Economic Research at LMU Munich), Managing Director of CESifo GmbH, Professor of Economics at LMU Munich, and Director of the Center for Economic Studies (CES) at LMU. He is a member of the Scientific Advisory Board of the Federal Ministry of Finance and serves on numerous advisory boards and foundations relevant to economic policy both in Germany and abroad. He has received several prestigious awards, including the Maximilian Order for Science and Art, awarded by the Bavarian Minister President in 2023. Fuest is the author of numerous books, commentaries, and articles in economic policy journals and newspapers, both nationally and internationally.
![[Translate to English:] Prof. Dr. Dr. H.C. Clemens Fuest](/fileadmin/_processed_/c/c/csm_KK_Bild_Fuest_2024_2025_6d19fcf7e9.webp)
Recording of the lecture on Dezember 13, 2024
Review of the evening lecture with Prof. Dr. Dr. H.C. Clemens Fuest
This discussion focuses on Germany's burning economic challenges, from the shrinking automotive industry to the unstoppable changes brought about by electromobility. The focus is on political rhetoric and the true state of the economy, while experts paint a bleak picture of the future and yet raise hopes of change through new technologies. One provocative question remains: Will Germany find the courage to break away from old industries and make room for the future?