Freedom, private property, competition, and the rule of law proved to be more successful than an all-controlling bureaucracy. In a way, the division of Germany constituted a large-scale real-world test for the long-term effects of free markets vs. a centrally planned economy.
The startup ecosystem and its impact on Germany´s innovative culture and its economic success are important research and policy areas. FNF and the Bundesverband Deutsche Startups e.V. collaborated to create the Migrant Founders Monitor 2021, which looks at the role of migrant founders in the German ecosystem.
In recent months, many countries have introduced enormous stimulus packages to help their economies overcome the devastation caused by the COVID-19 crisis. In Germany, the government made available emergency funds, created sector-specific relief programmes, and implemented demand stimulus measures such as a temporary reduction in the sales tax rate.
The city of Gangelt offers the chance to better understand the virus and its means of transmission. A team of scientists led by virologist Professor Dr Hendrik Streeck from the University Hospital Bonn conducts an in situ study and presented the first results before Easter.
To stop the coronavirus, most countries ceased almost all economic and social activities. As a first response to prevent an exponential growth of cases, this was probably justified. However, we will not be able to bear the costs of such a complete shutdown for a very long time.
