German politics seem like a haven of stability. This should not, however, mask the fact that while the German economy is currently in good health, the new government will nevertheless face several major challenges. Globalisation, the future of Europe, the new geopolitical situation, climate change and – last but not least – demographic shifts, which are becoming ever clearer. Each of these issues requires a political response. Deutsche Bank Research aims to examine how the main political parties plan to address these and other important issues and analyse whether their proposed solutions are convincing. Our focus will be targeted so we do not aspire to provide a complete analysis of the election programmes.