Philippa Sigl-Glockner on the Debt Brake, German Fiscal Policy, and Full Capacity Utilization

Published: Sept. 6, 2021, 4:30 a.m.

Philippa Sigl-Gl\xf6ckner is the director of the German think tank Dezernat Zukunft, or the Institute for Macrofinance, and was formerly a part of the German Federal Ministry of Finance. Philippa joins Macro Musings to talk about fiscal policy in Germany, as well as her new paper, *A New Fiscal Policy for Germany*. Specifically, David and Philippa discuss the historical context for German fiscal policy, the three big economic challenges for Germany, and how the country can achieve full capacity utilization in the future.

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Transcript for the episode can be found here.

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Philippa\u2019s Twitter: @PhilippaSigl

Philippa\u2019s website: http://philippasigl.com/

Philippa\u2019s Forbes profile: https://www.forbes.com/profile/philippa-sigl-glockner/?sh=383fb0233d30

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Related Links:

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*A New Fiscal Policy for Germany* by Philippa Sigl-Gl\xf6ckner, Max Krahe, Pola Schneemelcher, Florian Schuster, Viola Hilbert, Henrika Meyer

https://dezernatzukunft.org/wp-content/uploads/2021/07/A-new-fiscal-policy-for-Germany.pdf

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David\u2019s blog: macromarketmusings.blogspot.com
David\u2019s Twitter: @DavidBeckworth