Crisis Quote by Frank-Walter Steinmeier
“Taxing financial markets, promoting research and development, and mobilising investments: that means learning our lessons from the financial market crisis and changing our focus.”
About This Quote
Source Speech: Economic Policy Address, Germany, 2023
Learning from past crises to redirect policy toward research, development, and investment.
In simple terms: Use crises to shift focus to innovation and funding.
Key Takeaway
Redirect policy toward innovation.
Themes
economics
policy
innovation
investment
crisis response
Mood
determined
strategic
Type
policy
strategic
When to use this quote
- government budgeting
- R&D funding
- private investment strategies
Key Concepts
public finance
risk management
strategic planning
Questions to Reflect On
- How can we balance immediate needs with long‑term innovation?
- What mechanisms ensure lessons are institutionalized?
A Different Perspective
Challenges include political resistance and short‑term pressures.
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