The German economy is in difficult waters. Since the beginning of the coronavirus crisis, there has been no end to the challenges posed by interruptions in production and supply problems. Despite the need for crisis management, politicians have pledged not to lose sight of environmental...

Demographic change inevitably shifts the balance between contributors and recipients in the pension system. Moreover, in the German pension system benefit levels are closely linked to the current state of economic prosperity. Therefore, in the coming decades stabilisation of old-age security...