National Recovery and Resilience Plan: Germany

By helping to give birth to the establishment of NextGenerationEU and the Recovery and Resilience Facility, the German government made a U-turn in relation to the Covid-19 pandemic compared with its earlier austerity approach in the management of the Euro crisis. Opposition to the new European debt...

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Main Author: Björn Hacker
Format: Article
Language:English
Published: University of Bologna 2022-11-01
Series:Italian Labour Law e-Journal
Subjects:
Online Access:https://illej.unibo.it/article/view/15651
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author Björn Hacker
author_facet Björn Hacker
author_sort Björn Hacker
collection DOAJ
description By helping to give birth to the establishment of NextGenerationEU and the Recovery and Resilience Facility, the German government made a U-turn in relation to the Covid-19 pandemic compared with its earlier austerity approach in the management of the Euro crisis. Opposition to the new European debt and transfer instruments has been silent and political leaders have integrated the additional grants into their planning processes concerning changing the country’s energy supply and expanding digitalisation. While the Recovery and Resilience Plan was assessed positively, some preconditions for implementing it still seem to be missing, such as better electricity and high-capacity broadband networks. The process of transforming the German economy structurally to be greener and more digitalised has, however, neglected the social implications. While a minor proportion of the RRP will be spent on strengthening social resilience, many vulnerable groups are not in the focus of the state’s activities. The EU’s conclusions in the 2019 Country Specific Recommendations are treated rather in economic than in social terms. A sustainable new growth model would need to tackle also long-standing problems such as the high external surplus, the low public investment rate, income inequality and the relatively high at-risk-of-poverty rate.
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spelling doaj.art-14b4c0e802924e28995f40302ff513ab2022-12-22T04:11:41ZengUniversity of BolognaItalian Labour Law e-Journal1561-80482022-11-01151S10.6092/issn.1561-8048/1565113994National Recovery and Resilience Plan: GermanyBjörn Hacker0University of Applied Sciences HTW Berlin By helping to give birth to the establishment of NextGenerationEU and the Recovery and Resilience Facility, the German government made a U-turn in relation to the Covid-19 pandemic compared with its earlier austerity approach in the management of the Euro crisis. Opposition to the new European debt and transfer instruments has been silent and political leaders have integrated the additional grants into their planning processes concerning changing the country’s energy supply and expanding digitalisation. While the Recovery and Resilience Plan was assessed positively, some preconditions for implementing it still seem to be missing, such as better electricity and high-capacity broadband networks. The process of transforming the German economy structurally to be greener and more digitalised has, however, neglected the social implications. While a minor proportion of the RRP will be spent on strengthening social resilience, many vulnerable groups are not in the focus of the state’s activities. The EU’s conclusions in the 2019 Country Specific Recommendations are treated rather in economic than in social terms. A sustainable new growth model would need to tackle also long-standing problems such as the high external surplus, the low public investment rate, income inequality and the relatively high at-risk-of-poverty rate.https://illej.unibo.it/article/view/15651nextgenerationeurecovery and resilience plangermanyeuropean pillar of social rightseuropean semester
spellingShingle Björn Hacker
National Recovery and Resilience Plan: Germany
Italian Labour Law e-Journal
nextgenerationeu
recovery and resilience plan
germany
european pillar of social rights
european semester
title National Recovery and Resilience Plan: Germany
title_full National Recovery and Resilience Plan: Germany
title_fullStr National Recovery and Resilience Plan: Germany
title_full_unstemmed National Recovery and Resilience Plan: Germany
title_short National Recovery and Resilience Plan: Germany
title_sort national recovery and resilience plan germany
topic nextgenerationeu
recovery and resilience plan
germany
european pillar of social rights
european semester
url https://illej.unibo.it/article/view/15651
work_keys_str_mv AT bjornhacker nationalrecoveryandresilienceplangermany