There has been no robust growth of the low-pay sector in Germany since 2006. Over the past few years, a constant 22 percent of all employees have fallen into this category. The job structure within the low-pay sector has not changed in the last decade. In the economy as a whole, however, there has been less and less demand for low-skilled work, which is increasingly becoming concentrated in the low-pay ...
There is no let up in complaints about a potential lack of engineers in Germany. The Association of German Engineers (Verein Deutscher Ingenieure, VDI) recently declared that because of the high average age of engineers working in Germany (50 to 51), there will soon be a huge demand for a new generation of engineers. Upon closer examination, these fears prove to be unfounded. Although there has been ...
Greece has been living beyond its means for a long time now and has accumulated foreign debt. The high level of national debt is merely a reflection of the problems; the actual cause is insufficient economic power. The top-priority political objective is to strengthen the substance of the economy-in particular, the export base-to such an extent that in future, the balance of payments is at least equalized. ...
2011 was one of the construction industry's strongest years of growth since German reunification. For the year as a whole, a nominal increase in construction volume of almost eight percent is expected. The price increase is forecast at over 2.5 percent. Real construction volume in 2011 will be over five percent higher than in 2010. However, according to current information, we can expect the construction ...
The prominence of part-time employment has dramatically increased both in Germany and across Europe. Germany has experienced above- average growth and currently the prevalence of part-time employment there also exceeds the EU average. Evidently, this involves fundamental structural change as part-time employment has increased regardless of economic trends. Although part-time positions often still entail ...
The financial crisis of 2007/2008 and the current "Euro crisis" challenge the current global monetary system. They drastically reveal the actual system's weaknesses und show the eminent importance of the international monetary system for the stability of markets and national economies. DIW Berlin was commissioned by the Federal Ministry of Finance to research possible alternatives to the existing exchange ...
