The comparison is based on the years 2001-06 and 2009-13. 8. See Deutsche Bundesbank (2020), p. 49. 9. See Deutsche Bundesbank (2021), p. 46. 10. See https://www.fsb.org/multimedia/safersimplerfairer/; https://www.fsb.org/work-of-the-fsb/assessing-the-effects-of-reforms/ [https://www.fsb.org/work-of-the-fsb/assessing-the-effects-of-reforms/] 11. The most recent information available on enterprises’ capitalisation is from 2021. See Deutsche Bundesbank (2023), p. 71. 12. See IMF World Economic Outlook.
In 2020, the decline in GDP was 3.7% in Germany and 2.8% worldwide (https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD). 13. See Deutsche Bundesbank (2021), p. 24. 14. See Deutsche Bundesbank (2020), p. 41. 15. See Buch (2023). 16. See Deutsche Bundesbank (2023) and Federal Statistical Office for the current value based on the change in the Harmonised Index of Consumer Prices (HICP). 17.