The transition to a green and digital economy will profoundly change the German economy. Domestic action plans and strategies must be developed in a European and global context in order to address the challenges effectively. Lifelong learning and education need to be strengthened. Accelerated digitalisation can help to reap substantial amounts of untapped potential. Sustainability needs to be ensured in various dimensions. Combating climate change successfully calls for international cooperation. Increased private and public-sector investment needs to be mobilised for the transformation and the improvement of productivity. For all the above, fiscal sustainability needs to be assured. The German Council of Economic Experts (GCEE) discusses these topics in its Annual Report 2021-22, which was handed over to the German government on 10 November 2021.
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