Please note: Above, you can find an uncut version of the event's recording.

Day of Progressive Economic Policy 2023

Congress | 19 & 20 June 2023 | Berlin & online | #tpw23

Climate change, coronavirus pandemic, war against Ukraine – overcoming the multiple crises in Germany, Europe and the world is associated with massive investment and expenditure requirements. At the same time, we must reduce social inequalities and spur on transformation. On top of it all sits our deep dependency on imports of fossil fuels, intermediate products and raw materials, which puts European industry in jeopardy. The question increasingly arises as to the future viability of the German and European economic model.

An economic turning point is looming, which requires wise economic and financial policy design to weather the storm.

We therefore ask:

  • What must progressive economic policy put on the table so as not to lose sight of long-term goals?
  • How do we distribute the burdens and crisis costs without endangering social cohesion?
  • What are we doing to transform our economy for the future and make it socially just?

Together we want to "think economics forward"! Join the discussion at #tpw23

Hans Matthöfer Prize 2023

Award ceremony within the framework of #tpw23

June 19, 05:00 p.m.

to Minouche Shafikfor her book "What We Owe Each Other. A Social Contract for the 21st Century."

The special prize of the year 2023 goes to Tom Krebs.

Press release


#tpw23 with, among others

Martin Schulz

Martin Schulz

Laurence Boone

Laurence Boone

Lars Klingbeil

Lars Klingbeil

Minouche Shafik

Minouche Shafik

Tom Krebs

Tom Krebs

Yasmin Fahimi

Yasmin Fahimi

Ceyla Pazarbaşıoğlu

Ceyla Pazarbaşıoğlu

Achim Truger

Achim Truger

Anke Rehlinger

Anke Rehlinger

Peter Bofinger

Peter Bofinger

Verena Hubertz

Verena Hubertz


June 19, 2023,  Hans Matthöfer Prize Ceremony




Musical opening with clair-obscur saxophone quartet


Welcome remarks by Martin Schulz, Chairman of the Friedrich Ebert Stiftung

Moderation: Jens Tönnesmann, DIE ZEIT, and Marlies Uken, ZEIT ONLINE


Festive speech by Anke Rehlinger, Minister President of Saarland


Musical intermezzo clair-obscur saxophone quartet


"What We Owe Each Other: A New Social Contract for a Better Society"

Short presentation of core theses by author Minouche Shafik

Laudation by jury member Thomas Fricke 


"Modern Climate Policy and Sustainable Growth", "Modern Climate Policy: Moving Beyond the Market-Liberal Paradigm"

Short presentation of core theses by author Tom Krebs 

Laudation by jury member Peter Bofinger


Ceremonial awarding of the certificates

Musical intermezzo


Conversation with the HTMS prize winners Minouche Shafik and Tom Krebs and Anke Rehlinger

Moderation: Jens Tönnesmann, DIE ZEIT 


Musical finale with clair-obscur saxophone quartet


Evening reception

June 20, 2023





Welcome remarks by Martin Schulz, Chairman of the Friedrich Ebert Stiftung

Moderation: Jens Tönnesmann, DIE ZEIT, and Marlies Uken, ZEIT ONLINE


Keynote Speech: A new social democratic economic policy – turning the crisis into an opportunity

  • Lars Klingbeil, Co-Chairman of the Social Democratic Party of Germany (SPD)

Opening panel: Progressive economic policy in times of multiple crises – The way forward for Europe and Germany


  • Laurence Boone, French Secretary of State for Europe
  • Lars Klingbeil, Co-Chairman of the SPD
  • Fritzi Köhler-Geib, KfW Chief Economist
  • Isabella Weber, Professor of Economics at the University of Massachusetts Amherst



Inflation, wage-price spiral, employment and good jobs – a debate

  • Yasmin Fahimi, DGB Chairperson (German Trade Union Confederation)
  • Hildegard Müller, President of the VDA (German Association of the Automotive Industry)

Transition to the forums


Start of the parallel forums:

Forum I – Sustainable Economy  (Livestream) 

Financing the transformation – Transformation of financing: Focus Europe

  • Peter Bofinger, Senior Professor of Economics, Money and International Economic Relations at the University of Würzburg and former member of the Expert Council
  • Ole Funke, Federal Chancellery, Group Leader "Coordination of European Policy; Economic and aspects of European integration"
  • Joachim Schuster, MEP, Committee on International Trade/Economic and Monetary Affairs
  • Katharina Wiese, EEB, Senior Policy Officer for Economic Transition and Gender

Moderation: Sandra Parthie, IW Clogne, Head of the Brussels Office of the Institute of the German Economy

Struggling through the Corona pandemic, the energy crisis and climate change has already cost a great deal and continues to pose major fiscal challenges for all EU member states. This is reflected in how public debt has ballooned in every EU country in recent years. From 2024 onwards, the EU fiscal rules that normally impose a credit limit on EU member states and which had been suspended in the meantime will again come into force. But before that happens, the experts agree, these rules need to undergo fundamental reforms so that EU countries can better stabilise the economy and society in times of crisis and invest more in the future, while simultaneously and sustainably reducing bloated national debt in the coming years.

This forum will therefore debate how to think about the current proposals to reform EU fiscal rules. At the same time, the question will be addressed as to whether the scope for fiscal policy can also be further strengthened at the EU level, e.g. by establishing other new resources managed by the EU itself and/or by setting up an EU investment or EU fiscal capacity that builds upon the experiences made with the EU stimulus fund Next Generation EU 

Forum II – Just Financing

Narrative turnaround in fiscal policy Fair tax policy on the rise?

  • Nadine Heselhaus, Member of the German Parliament
  • Julia Jirmann, Tax Justice Network, Consultant for Tax Law and Tax Policy
  • Daniel Mittler, Finanzwende, Managing Director
  • Catrina Schläger and Martin Güttler, Division for Analysis, Planning and Consulting, Friedrich-Ebert-Stiftung

Moderation: Lena Kronenbürger, Journalist

Fiscal policy and taxes: discussions about how to finance state projects for the common good are still mired down by well-worn, mostly conservative arguments. The state has to be a “penny pincher". Public debt – as if it were the same as private debt – has to be avoided at all costs or at least severely curtailed, and those who willing to put in some effort will be rewarded with prosperity above all if the state holds back from “skimming” tax or regulatory interventions. But the last decades have shown that something is off with these arguments. Inequality has worsened; wealth is concentrating among the few; the income gap is now yawningly wide; and no matter how much or how hard someone works, most younger people end up worse off than their parents. 

So how can these dramatic facts help us reshape the discourse and achieve social majorities for a fairer tax and fiscal policy? 

Forum III – Sustainable Economy

Degrowth vs. Green Growth?! What needs to grow, what needs to shrink?

  • Thorben Albrecht, IG Metall, Head of Policy and Social Policy Department
  • Hans-Jörg Naumer, Allianz Global Investors, Director Global Capital Markets & Thematic Research  
  • Andrea Vetter, Konzeptwerk »New Economy«, Journalist and Cultural Anthropologis

Moderation: Petra Pinzler, DIE ZEIT, correspondent in the capital editorial office

Degrowth or green growth? Green capitalism, a Green New Deal or a radical break with the current economic model? These two positions are often seen as irreconcilable. For some, innovation and market-based competition will inevitably pave the way to an environmentally sustainable economy. To others, there is the argument that decoupling economic growth and resource consumption is doomed to failure due to the inherent logic of capitalism.

At this year’s TPW, we would like to pose the question differently: What must grow, what must shrink? What instruments do we need for this transformation? And are the foundations of our economic order at stake? 

Forum IV – Shaping Industrial Policy

The comeback of industrial policy - how do we strengthen Germany and Europe as an industrial location?

  • Verena Hubertz, Member of the German Parliament, Deputy Chairwoman of the SPD Parliamentary Group in the German Federal Parliament  
  • Stefan Körzell, DGB, Member of the Executive Federal Board 
  • Tom Krebs, University of Mannheim, Professor of Macroeconomics and Economic Policy
  • Zuzana Zavarská, Economist, the Vienna Institute for International Economic Studies

Moderation: Vera Gohla, FES, Economic and Regional Policy

In recent decades, the discussion around industrial policy has been highly ideologically charged and even frowned upon, especially in the dominant neoliberal economics. Nevertheless, industrial policy has been practiced in all developed economies throughout. The past few years, characterized by exogenous shocks and increased pressure to act to fight the climate crisis, have challenged economics and economic policy to a rethink. Thus, the policy that “shall not be named" is coming back into the policy debate to offer solutions to transform the economy.  

We would therefore like to ask: How can industrial policy help make Germany and Europe resilient in the face of transformation? How can Europe become a more attractive location for investors and future technologies? How can both good jobs and climate protection be achieved through industrial policy? 


Lunch Break

Transition to further four forums


Start of the parallel forums

Forum V – Just Financing

Financing the transformation – Transformation of financing: How do we shape German fiscal policy in a sustainable and socially just way?

  • Wolf Reuter, Federal Ministry of Finance, Head of Department for Fiscal Policy and Economic Policy Issues
  • Philippa Sigl-Glöckner, Future Department, Director 
  • Klaus Wiegandt, »Forum for Responsibility« Foundation, Founder and Board of Directors

 Moderation: Carl Mühlbach, FiscalFuture, Founder 

Public budgets in Germany and elsewhere must take into account considerable expenditure and the need to invest in the fight against climate change, the modernisation of infrastructure, the promotion of digitalisation and other new technologies, demographic change, the expansion of social security systems, the reduction of economic inequality and regional disparities, and the management of newly emerging geopolitical challenges at present and in the coming years.  

This is the backdrop for our forum to explore how all these challenges, above all the socio-ecological transformation, can be financed in a fair and sustainable way. What changes to the German tax system are essential and purposeful, e.g. in the area of income and wealth taxation or in energy and environmental taxes? Which subsidies can or must be eliminated? What new financing instruments must be introduced? And what role can or should the instrument of public debt play? Does the German “debt brake” need to be reformed? And how should we evaluate the recent rise in the use of “special budgets” or “special funds”?

Forum VI – Just Financing

Inflation and its consequences – What are its effects throughout the economy?

  • Dirk Ehnts, Pufendorf- Association Berlin, Board Spokesman and Representative of Modern Monetary Theory 
  • Dierk Hirschel, Verdi, Chief Economist 
  • Karsten Stroborn, Deutsche Bundesbank, Director General Markets
  • Silke Tober, IMK/HBS, Head of Department Basic Macroeconomic Research, Monetary Policy 

 Moderation: Sandra Parthie, IW Cologne, Head of the Brussels Office of the Institute of the German Economy

In the wake of the Corona pandemic and Russia’s invasion of Ukraine, inflation rates in the Eurozone have reached historic highs. Inflation poses new challenges for policy-makers and social partners and has exacerbated distribution conflicts. Rising food and energy prices hit low-income groups particularly hard. Workers had to accept real wage losses last year. At the same time, some companies have taken advantage of this situation and increased their profit margins.   

The panel will take a closer look at the consequences of inflation and discuss the right policy responses to high inflation rates. While some experts call for a restrictive monetary and fiscal policy, others criticise the previous interest rate policy decisions and point to the negative effects on the economy and the labour market. How long will the price pressure last? What are the drivers of inflation? What role do workers’ wages and companies’ profits play in all this? What are the right policy responses to the current inflationary trend? The panel will discuss these and other questions with renowned experts.  

Forum VII Sustainable Economy

Gender and transformation - using the gender perspective to make the socio-ecological transformation more ambitious, target group-specific and just!

  • Gill Allwood, Nottingham Trent University, Professor of Gender and Politics
  • Ulrike Röhr, Sociologist and Engineer, Member of the Expert Commission for the Fourth Gender Equality Report on Ecological Transformation
  • Annika Schäfers and Nicole Schrön, Federal Ministry for Economic Affairs and Climate Action, Department Multilateral Cooperation, G7/G20; International Organizations
  • Maja Wallstein, Member of the German Parliament

Moderation: Julia Bläsius, FES, Head of Political Consulting Department

The energy transition is creating a multitude of new jobs, but the sector on the whole is still heavily male-dominated. Yet, right now, we have an opportunity to take advantage the shifting ground to overcome inequality between the sexes where the energy transformation, labour and gender intersect.  

So, we’re asking: How can we take gender perspectives into account in transformative system change at the national level? What is the significance of the gender perspective for structural change in East Germany and the role of women there? What dimension cannot be missed? How can women be enabled to get those good, green jobs that are futureproof? 

Forum VIII – Shaping Industrial Policy (Livestream)

Global interdependencies and justice in transformation - who makes us an industrial nation?

  • Andreas Goldthau, University of Erfurt, Director and Holder of the Franz Haniel Professorship for Public Policy 
  • David Luke, London School of Economics and Political Science, Firoz Lalji Institute for Africa, Professor in Practice and Strategic Director
  • Julieta Zelicovich, National University of Rosario, Argentina, Professor for International Relations

Moderation: Cédric Koch, FES, European and International Economic Policy

The return of industrial policy for the green transformation will inevitably be accompanied by a realignment of global trade relations. The focus on the German and European side here will thus focus on access to raw materials, hydrogen, and essential inputs and intermediates for domestic green value chains. Yet, there has been a lack of focus on how European industrial policy also might disrupt trade for countries and regions in the Global South: Are we witnessing the danger of a new, fundamentally neocolonial extractivism arising? Do European green policies imply disadvantageous economic models for supplier countries without their seeing own opportunities for increased value creation? Or do the new dependencies on raw materials offer a scope and some leeway to negotiate for progressive progress in the direction of global justice? What are the economic and political interests of partner countries that need to be considered in European transformation strategies and how can these be integrated into trade and investment policies? We envision a progressive response to new global dependencies and global justice issues in the transformation?


End of forums



In conversation with Jan Christian Vestre, Minister of Trade and Industry in Norway




Keynote Speech: "Navigating the poly-crisis: the global economy between energy crisis, inflation and economic bloc formation"

  • Ceyla Pazarbaşıoğlu, Director of the Strategy, Policy, and Review Department of the International Monetary Fund (IMF)

concluding discussion with

  • László Andor, Secretary General, Foundation for European Progressive Studies (FEPS)
  • Jörg Kukies, Secretary of State at the German Federal Chancellery
  • Ceyla Pazarbaşıoğlu

Economic policy town hall: Opportunities and limits of progressive economic policy advice

Keynote Speech

  • Achim Truger, Member of the German Council of Economic Experts

concluding discussion with

  • Carl Mühlbach, Chairman of FiscalFuture
  • Achim Truger
  • Julieta Zelicovich, National University of Rosario, Argentina, Professor for International Relations


Progressive Fiscal Policy  For a Just Future

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Friedrich Ebert Stiftung
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Building 2, Hiroshimastraße 28
10785 Berlin

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030 269 35-7038

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