Publikationen des Vorstandsbereichs

The German Economy Is Slowing down Somewhat: Editorial

Social Services: A Rapidly Growing Economic Sector

The social services sector has experienced growth at a far above-average pace in the past, and employment has even accelerated since the middle of the past decade. This is due to a strong increase in demand for this sector's services as a result of an aging society and from increasing tasks to solve problems in families. The influx of refugees has also affected demand. Almost everywhere in the EU, ...

Household Consumption and Savings Rate Depend Strongly on Employment Status, Income, and Age

On what and to what extent private households in Germany spend money varies significantly depending on employment status, income, and age. As this study based on the most current official sample survey of income and expenditure from 2013 shows, unemployed households on average spend over half of their income on basic needs such as living and food expenses while unemployed people living alone spend ...

New Government’s Policies Give the Thriving German Economy an Additional Boost

The German economy will grow by 2.4 percent this year, especially due to strong foreign demand. Brisk investment activity continues in this economic climate; stimulus from foreign trade, however, is weakening somewhat. Despite strong consumer demand in the coming quarters, employment and economic output growth are losing momentum. However, stimulus measures from the new federal government will increase ...

New Government Prolongs German Economic Upswing: Editorial

German Right-Wing Party AfD Finds More Support in Rural Areas with Aging Populations

This study examines in which setting the German political party Alternative for Germany (Alternative für Deutschland, AfD) performed well in the 2017 parliamentary elections. The AfD’s popularity was relatively high in electoral districts with an above-average amount of craft businesses, a disproportionately high amount of older residents and workers in the manufacturing sector, and—applicable mainly ...

Financial Sector: Proportion of Women in Top Decision-Making Bodies Is Increasing More Slowly Than at the Beginning of the Decade—Equal Gender Representation Is Still a Long Way Off

Over the past year, the proportion of women serving on the executive and supervisory boards of the top 100 largest banks in Germany rose slightly to almost nine and 23 percent, respectively. However, growth has come to a halt in the 60 largest insurance companies: on both executive and supervisory boards, the proportion of women has sunk to almost nine and 22 percent, respectively. For over ten years, ...

Top-Decision Making Bodies of Large Businesses: Gender Quota for Supervisory Boards Is Effective—Development Is Almost at a Standstill for Executive Boards

The gender quota for supervisory boards in Germany is effective: by the end of 2017, the proportion of women on the supervisory boards of a good 100 companies that are subject to the quota had risen to 30 percent—three percentage points more than in the previous year. Almost two-thirds of the companies now have supervisory boards with at least 30 percent female members. A European comparison also shows ...

The Consequences of Inequality: A New Measure of Human Development

Marking the 20th anniversary of the Human Development Index (HDI), the United Nations Development Programme (UNDP) has published a revised measure that also accounts for inequality (IHDI). Countries subject to severe social disparities, particularly Central and South American countries, perform worse than under the classic HDI. Even if the revised measure does not yield fundamental changes in ranking, ...

Internationalization of the Chinese Renminbi: An Opportunity for China

China has taken first steps hinting at an internationalization of the Renminbi: The country has begun cautious action for opening up its capital account and allowed currency fluctuations within a certain limit between 2005 and 2008. Promoting Hong Kong as a test center for the Renminbi's internationalization is pointing in the right direction because it at least makes an offshore Renminbi market possible. ...