Professor of Socio-Economics, University of Duisburg-Essen, Institute for Socio-Economics + Member of the German Council of Economic Experts
Achim Truger
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The European Commission allows additional government spending of up to 0.6% of GDP until 2028 to reduce dependence on fossil fuels by broadening the scope of the current National Escape Clause for defence spending. Such extra spending would be exempt from fiscal rules constraints
A company-level OECD analysis of government subsidies across 15 key industrial sectors found that nearly 60 per cent of Chinese firms’ global market share gains since 2005 could be attributed to subsidies
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