Germany's Economy Needs a Million Immigrants

  • Berlin, Federal Republic of Germany
  • 10 July 2023
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The head of Germany's Kiel Institute for the World Economy, Moritz Schularik, has called for seeking to attract more migrants to counter the shortage of skilled workers.

"The biggest competitive drawback is not corporate taxes, but the lack of skilled workers and demographics, where we need a million immigrants," Shularik explained."

"This will be the most important structural reform, and this will require courage to bring about change, which will also have to expand daycare services for children to keep mothers in the labour market. If we can do both, I'm optimistic about Germany's economic location."

Source (Asharq Al-Awsat Newspaper, Edited)

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