International Economics Department Publications

German Economy: A Recession Is Not Automatically a Crisis: DIW Economic Outlook

The slowdown in the global economy and the uncertainties caused by Brexit have affected the export-oriented German economy, which is expected to grow by only 0.5 percent this year. However, the German economy has not slid into a crisis due to marked fiscal policy stimuli and favorable developments on the labor market. Private consumption remains a mainstay of the economy; in addition, there is moderate ...

Growth Program Needed as the Foundation of the German Economy Crumbles: Editorial

German Economy Defying a Turbulent and Uncertain Environment: DIW Economic Outlook

After a turbulent summer, marked by a weak second and a likely stronger third quarter, the German economy should return to an average pace of growth and end up with a growth rate of 0.9 percent in 2019. Despite the more subdued pace, capacity utilization remains high; employment growth is continuing, albeit more slowly; and the trend of foreign demand is weakening but remains buoyant overall. In this ...

German Economy Performing Well Despite Odds; Time to Rethink Debt Rules: Editorial

Global Responsibilities: Renewable Energies, Climate Policy, Migratory Pressure: Reports

German Economy Remaining Strong amidst Uncertainties: DIW Economic Outlook

Although the economic boom in Germany is over, a recession is not looming. The economy is still expected to grow by 1.0 percent this year despite its recent weaker performance. Consumption remains a mainstay of the economy; the average annual increase in the number of employees is likely to be just under half a million. At 1.5 percent, inflation is barely dampening purchasing power and together with ...

German Economy Growing despite Uncertainties and Risks; Global Economy Continuing to Cool Down: Editorial

Growth Rate of German Economy Normalizing after Prolonged Economic Boom: DIW Economic Outlook

The German economy continues to perform well although the boom has ended. However, at 1.5 percent, German GDP will increase this year at a lower rate than expected at the beginning of the year. Nevertheless, concerns about an imminent recession should give way to the assessment that the pace of the German economy is normalizing after years of above-average growth due to robust foreign demand and increasing ...

Germany’s Economic Boom Is Cooling Off: Editorial

International Treaties Insufficiently Curb Global Tax Evasion

In recent years, the global community has promoted several initiatives aimed at breaking bank secrecy in tax havens. Such treaties for the exchange of information among tax offices can be effective. A treaty between country A and tax haven B reduces deposits from A in banks of B by approximately 30 percent. However, the analysis shows that tax evaders react to such treaties not by becoming honest taxpayers ...