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News from 2015-11-10 / KfW Research

Influx of refugees to Germany requires investment in housing, schools and minds

The historic dimensions of the refugee numbers lead to organisational problems, acute capacity bottlenecks – and manageable fiscal costs. Over the long term, the influx of refugees requires definitive investments in the future in three key areas: Firstly in accommodation, secondly in schools and daycare. Thirdly, alongside these investments in infrastructure, investments must be made in the human capital of the refugees. Integration into the labour market can only take place with sufficient language proficiency and professional qualifications. This provides an opportunity for an ageing economy which is already reliant on a workforce from abroad.


Influx of refugees to Germany requires investment in housing, schools and minds (PDF, 167 KB, non-accessible)

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Current analyses, indicators and polls on business cycles and the economy, both in Germany and worldwide.

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