In the current economic upswing, Germany's businesses are investing much less in their real capital stock than they are generating in financial resources. Their growing financial surplus is a key driver of the very high current account surplus for which Germany is facing broad international criticism. We are therefore taking a closer look at corporate decisions on savings and investment in order to identify starting points for correcting the current account imbalance.

Businesses are saving more than they are investing – hampering any rapid correction of Germany’s current account imbalance(PDF, 314 KB, non-accessible)