The German GDP will only grow by 1% this year. A noticeably economic recovery and an economic growth of 2,3% can not be expected until next year. This conclusion is reached by the DIW Berlin in its summer-baselines on the economic development 2001/2002. The eurozone, too, is expected to show a slower economic expansion this year; the GDP will only increase by 1,9%. An economic recovery is not
The economic downturn in the eurozone has continued in the first quarter of 2001. In its weekly report 26/2001 the DIW Berlin concludes that the seasonally adjusted real gross domestic product has only increased by 0,5 % in the first quarter of 2001; which boils down to an annual growth rate of 2%. The accelerated rise in prices, which was a bar to the spending power of private households and
The determined and expansionary measures taken by the US-American economic policy give rise to the assumption that the heavy slide in the economic activity will not result in a recession but will be overcome as early as this year. This conclusion was reached by the DIW Berlin in its latest weekly report 23/2001. It is above all the Fed's promotion of growth and employment that gives a positive
Conditions on the Russian housing market have barely improved since the transformation of the country. Although the housing market grew by 13,8% to 2761 Mio m² in the 1990s there was also an increase in the number of households (homecoming soldiers, increasing divorce rates). Since flats in most regions are no longer distributed by the state there are hardly any reliable data on the number of
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
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
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.
309 results, from 301