"Value Added Would Fall Away": Study: AfD Government in Saxony-Anhalt Would Slow Down Growth
9 Articles
9 Articles
According to the Leibniz Institute for Economic Research in Halle, a state government led by the AfD in Saxony-Anhalt is expected to significantly slow down the growth of the economy in the federal state.
Shortly before the state election in Saxony-Anhalt, the AfD is clearly at the top. If the party governs alone after the election, the economy of the federal state threatens to be affected, according to a study. Growth could decline significantly.
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Reint Gropp from Halle is one of Germany's most important economists. He strongly warns against an AfD government in Saxony-Anhalt and says that the country's economy will then suffer.
A state government led by the AfD could significantly slow economic growth in Saxony-Anhalt, according to the Leibniz Institute for Economic Research in Halle (IWH). Xenophobic rhetoric alone could trigger this effect, IWH Director Reint Gropp told the Süddeutsche Zeitung. "Xenophobic policies are bad for the economy. Preliminary estimates show that economic growth in Saxony-Anhalt could fall by about half a percent to one percent per year," Gro…
A state government led by the right-wing populist AfD (Alternative for Germany) in Saxony-Anhalt would likely significantly slow economic growth in the eastern German state, according to the IWH research institute. The party's xenophobic rhetoric alone could trigger this effect, Reint Gropp, head of the Leibniz Institute for Economic Research in Halle (IWH), told the Süddeutsche Zeitung, according to an advance report.
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