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Economist warns AfD victory could put skilled workers off Saxony-Anhalt

From Die Zeit · () German

Translated from German and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Ongoing story
  • Monika Schnitzer, chair of Germany’s Council of Economic Experts, warned that an AfD-led government in Saxony-Anhalt could deter skilled workers and companies.
  • She said the state faces a large wave of retirements and will need immigration to prevent labour shortages and lost investment.
  • A ZDF poll put the AfD at 41% ahead of the state election, compared with 23% for the CDU.

Monika Schnitzer, chair of Germany’s Council of Economic Experts, has warned that an AfD victory in Saxony-Anhalt could carry serious economic costs. If the right-wing party entered government after the state election, it could discourage urgently needed skilled workers and make the state less attractive to companies.

“Given the election programme, an AfD takeover of government would be expected to significantly reduce the state’s attractiveness as a location for skilled workers and companies,” Schnitzer told the Kölner Stadt-Anzeiger.

Given the election programme, an AfD takeover of government would be expected to significantly reduce the state’s attractiveness as a location for skilled workers and companies.

· Monika SchnitzerThe chair of Germany’s Council of Economic Experts warned about the economic impact of an AfD-led government.

The Munich economics professor said many workers in Saxony-Anhalt will retire in the coming years. “Without an influx from outside, many skilled workers will soon be missing,” she said. “And without enough skilled workers, urgently needed investment will fail to materialise.”

Without an influx from outside, many skilled workers will soon be missing.

· Monika SchnitzerShe highlighted the labour shortages expected as many workers in Saxony-Anhalt retire.

Reint Gropp, president of the Leibniz Institute for Economic Research Halle, recently raised similar concerns. If the AfD won and continued campaigning against immigrants, “thousands of additional positions would remain vacant,” he said. “The state would suffer a noticeable loss of prosperity.” An IWH study said immigration from abroad had stabilised Saxony-Anhalt’s labour market in recent years.

Schnitzer’s former colleague Ulrike Malmendier issued a similar warning three years ago about the wider German economy. She said recruiting workers from abroad would not succeed on a sufficient scale if an isolationist party such as the AfD gained increasing support and polarisation became central to politics.

And without enough skilled workers, urgently needed investment will fail to materialise.

· Monika SchnitzerShe linked the state’s future investment prospects to its ability to attract workers.

Saxony-Anhalt is electing a new state parliament. A ZDF poll published on Thursday evening put the AfD at 41%, the CDU at 23%, the Left at 11.5% and the SPD at 8.5%.

Thousands of additional positions would remain vacant.

· Reint GroppThe Leibniz Institute economist warned of the labour-market impact of continued anti-immigration rhetoric.
About this summary

Originally published by Die Zeit in German. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.