The global expansion has slowed down noticeably since the middle of the year 2000. At the same time, a phase of especially high dynamics came to an end. On the one hand, it was decisive that the increase in oil prices stemmed economic activity. On the other hand, monetary policy slowed down in order to reduce the high pace of the economy by the middle of the year and to decrease accelerated inflation. ...
Despite tax reform: stimulation of economy put at risk in 2001Germany faced a slow increase in consumption last year. Particularly in the second half of 2000 consumption slowed down. This was due to weaker income impulses which were caused by weaker income impulses and an enormous rise in oil prices leading to extra costs in private households. Therefore, the private consumption only increased by 1,6 ...
The OPEC will succeed in keeping the prices for crude oil between 22 and 28 dollars per barrel. This conclusion is reached by the DIW in its weekly report. The OPEC's announcement to clearly cut back crude oil production as well as low stocks, particularly in the USA, have stopped a further drop-off in prices.
There is no erosion of the average contracts of employment in the German labour market states the DIW Berlin in its latest weekly report. The part time occupations and temporary jobs hold an increasing proportion in the labour market, though, not at the expense of full time jobs. More and more people work part-time, a tendency which can be observed throughout Europe.
In its weekly report the DIW Berlin took positive stock of the initiative International Liaison Offices Research-Co-operations, an initiative which was started by the Federal Ministry of Education and Research in 1995 and which was continued by the Federal Ministry of Economics in 1999.