The team on economic policy analyses social developments and the impact on the German economy, including the current demographic change, the massive level of debt in public budgets, and the complicated tax system. Evaluating and modifying structurally unfavourable conditions is an important aspect in consolidating the German national economy, which still ranks third in the world. The economic policy team aims to develop new approaches to reform and innovation, helping Germany to become more economically competitive under the requirements of increasingly globalised markets.