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Press Release
The German economy will experience significantly stronger growth up to 2017 than it has in the past five years. Economic growth will increasingly be driven by domestic demand, and job creation will continue. In the medium term, there will be increasing surpluses in public budgets; in 2017, these will reach almost 28 billion euros. At the beginning of the projection period - as in recent years ...
16.04.2013
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Press Release
Since last year, Germany has not even been runner-up in visible exports. It has been overtaken by China, and now the US, on the list of the most prolific global exporting nations. But does this mean losing more than just an attention-grabbing title? Are exports becoming less important to Germany? A closer look at structures and trade patterns shows that in fact the opposite is true. Exports have never ...
06.03.2013
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Press Release
The German economy has recently lost momentum but is anticipated to accelerate markedly in the course of 2013. On annual average, real GDP will increase by 0.9 percent; the corresponding figure for 2012 is expected to be 0.8 percent. During the course of 2013, however, expansion will accelerate noticeably. The German economy will grow slightly over two percent in 2014. The temporary economic weakness ...
09.01.2013
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Economic Bulletin
By: Sebastian Dullien and Ferdinand Fichtner in: DIW Economic Bulletin 01/2013. A European transfer system could contribute to stabilization of the euro area by synchronizing business cycles in the monetary union, thus simplifying the common monetary policy. Such a system is proposed here in the form of a European unemployment insurance scheme. Compared to other forms of fiscal transfer systems, ...
04.01.2013
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Economic Bulletin
By: Karl Brenke in: DIW Economic Bulletin 01/2013. The European Monetary Union brought with it a standardization of monetary policy and a system of fixed exchange rates. This was accompanied by disincentive effects which, in turn, resulted in serious economic distortions. Proposals are currently being made - not only by DIW Berlin - as to how compensatory payment mechanisms could be used to better ...
04.01.2013
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Economic Bulletin
"Harmonizing Europe's Business Cycles at no Additional Cost": Six Questions to Ferdinand Fichtner
04.01.2013
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Report
Abstract:A European transfer system could contribute to a stabilization of the euro area by synchronizing business cycles in the monetary union, thereby simplifying the common monetary policy. Such a system is suggested here in the form of a European unemployment insurance system. Compared to other forms of fiscal transfer systems, some advantages arise: By putting the focus on short-term unemployment, ...
31.10.2012
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Report
Abstract:The European Monetary Union brought with it a standardization of monetary policy and a system of fixed exchange rates. This was accompanied by disincentive effects which, in turn, resulted in serious economic distortions. Proposals are currently being put forward as to how financial policy equalization mechanisms could be used to better synchronize the economic development of the Member States ...
31.10.2012
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Press Release
The German economy will lose some of its momentum in the second half of the year, but pick up some speed again next year. In year-on-year terms, German GDP is expected to increase by a mere 0.9 percent in 2012 and 1.6 percent in 2013. Growth is primarily driven by domestic demand. The weakening of the economy in the second half of this year will have limited impact on labor markets, the unemployment ...
04.10.2012
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Economic Bulletin
Income Distribution : An Important Factor for Economic ForecastsBy: Ferdinand Fichtner, Simon Junker, Carsten Schwäbe in: DIW Economic Bulletin 7/2012.The development of private consumption is a crucial factor in compiling macroeconomic projections as part of national accounts. Household savings also play an important role as an explanatory variable for consumer development, since private households ...
06.07.2012
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Economic Bulletin
"We Have Hidden Underemployment" Seven Questions to Karl Brenke
06.07.2012
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Economic Bulletin
Long Hours for Low PayBy: Karl Brenke in: DIW Economic Bulletin 7/2012.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 ...
06.07.2012
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Report
Abstract: In the projection period, the German economy will grow at a considerably slower pace than in the previous years. After a three per cent increase in 2011, German GDP will rise by only one per cent in this year and by close to two per cent next year. It is primarily domestic demand that drives this expansion, while exports are not expected to pick up until the turn of the year. The weaker economy ...
04.07.2012
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Economic Bulletin
The Future of the International Monetary Systemby Ansgar Belke, Kerstin Bernoth, Ferdinand Fichtner in: DIW Economic Bulletin 4/2011The 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 ...
07.10.2011
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Press Release
Experts claim no space for tax cuts and higher social spending The German economy has recovered surprisingly well from the crisis. DIW Berlin estimates that the growth will continue – although in a less rapid pace than the first half year. “We reach a massive annual growth of 3.4 percent in 2010. In 2011 the German economy is expected to grow at a rate of 2 percent”, said Ferdinand ...
28.09.2010
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Press Release
DIW President Zimmermann: “Another opportunity missed at the G-20 summit in Canada.” The German economy will grow at a moderate pace through 2010 and 2011. According to the quarterly forecast released today by the German Institute for Economic Research (DIW Berlin), the German economy will grow with an average rate of 1.9 percent in 2010, and 1.7 percent in 2011. “The recovery is ...
30.06.2010