OECD经合组织：2025年德国经济调研报告（英文版）

After a decade of strong export-led growth, the COVID-19 pandemic, Russia’s war of aggression against Ukraine and rising trade tensions have hit the German economy and emphasised the need to accelerate structural reforms. The recent reform of fiscal rules will allow to raise spending to improve defence capacity and address a large infrastructure backlog. To ensure medium-term fiscal sustainability, this should be combined with raising spending efficiency, reallocating spending and broadening