Lidia Conde (Frankfurt) | Germany takes over the rotating presidency of the European Union Council from July. The other member states’ expectations are high. All the dimensions of the health, social and economic impact of the coronavirus are still unknown. But we know that the consequences could be immense. All together to relaunch Europe” is the German Presidency’s motto and one which is not just words. Germany and its Chancellor Angela Merkel are committed to it.
Articles by Lidia Conde
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Lidia Conde (Frankfurt) | German corporations are highlighting the risks of the global distribution of work, their weakness in the face of global value chains. Will work and production return to Europe, to Germany? It’s not clear. The pandemic has led to unprecedented reactions and almost unconditional support for Europe. It’s a way of helping yourself. Germany is expecting the worst recession since World War II, with the economy declining by up to 8% in 2020.
Lidia Conde (Frankfurt) | The fourth globalization now punishes the German middle class, which perceives how the revolution accelerates and introduces new elements such as the competence of Indian computer experts operating from home: they do not need to emigrate to work.
Lidia Conde (Frankfurt) | What do we save, the climate or the economy, at a moment when globalisation is accelerating, impacting above all on the middle class? What is the third way in this stage of history when artificial intelligence and automation is creating ever more social conflict? Germany is debating the future.
Lidia Conde (Fráncfort) | Daniel Dettling is professor, editor and president of the Future Institute of Berlin Zukunftspolitik, one of the most prestigious European think tanks in Euro trends and futures thinking. Advises parties, ministries and companies. In his last book, “An agenda for the Neorepublic”, he focuses on the configuration of a just future.
Lidia Conde (Frankfurt) | Germany is its firms. Germany is Deutsche Bank, Bayer, Thyssenkrupp, VW. What German executive Dieter Zetsche said a few weeks ago, that “it is not clear that the brand Mercedes Benz will exist in the future”, symbolises the identity crisis generated by global pressure, digitalisation and the latest technological revolution. Many of the consortia which form part of the German economic identity are between a rock and a hard place. It would be the definitive goodbye to the so-called Germany Ltd.
Lidia Conde (Fráncfort) | Achim Wambach has been the president of the European economic think tank ZEW in Mannheim since 2016. He is also president of the antimonopoly commission and the Association for Social Policy. He forms part of National Platform on Electromobility and works in the advisory council of the State of Baden-Württemberg for sustainable economic development.
Lidia Conde (Frankfurt) | All the labour market data in the country are brilliant. Since 2007 it has gone from 40.3 million people in work to 45.2 million in 2019 (45.5 in 2020). In ten years Germany has gone from 8.6% unemployment to 3.1%. There is even a shortage of skilled labour. And its citizens are happier than ever with their quality of life.
Between July 2015 and July 2018, 1.3 million people have sought asylum in Germany. The three years between the festive welcome to the refugees in Munich railway station and the xenophobic revolt in Chemnitz (Saxony) in September – after the stabbing of a 35 year old German, reportedly by foreigners – have seen an unprecedented renaissance of conservative politics.
Gabriel Felbemayr, since 2010 Director of the Centre for Foreign Economy at the Ifo Institute in Múnich, explains that “the EU has a clear advantage over the US in the old economy: cars, machinery and chemicals. But the US enjoys an advantage in the so-called new economy, in digital and financial services, leisure. This is the target for the EU.”