| Professor Marcel Fratzscher, president of the Berlin-based economic research institute DIW, said in an interview with our sister publication Wirtschaftswoche that Germany is facing an economic downturn due to a dwindling middle class. Germany’s market economy isn’t so different to the United States, he said, and the country will need to rethink its economic and social policies to improve equality of opportunity. |
Marcel Fratzscher is a German economist and professor at Humboldt-University of Berlin. Since February 2013 he has been president of the Berlin-based economic research institute DIW Berlin. He was previously head of International Policy Analysis at the European Central Bank.
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