Press Releases of DIW Berlin https://www.diw.de/en/diw_01.c.622567.en/press/press_releases.html Press Releases en https://www.diw.de/sixcms/media.php/37/diw_logo_farbe_mini.jpg DIW Berlin https://diw.de/ Joint Economic Forecast: Crisis is gradually being overcome – align actions to lower growth http://www.diw.de/sixcms/detail.php?id=diw_01.c.826702.en ]]> Thu, 14 Oct 2021 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.826702.en German economy will first pick up speed in 2022 http://www.diw.de/sixcms/detail.php?id=diw_01.c.824920.en ]]> Thu, 16 Sep 2021 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.824920.en Pandemic delays upswing – Demography slows growth http://www.diw.de/sixcms/detail.php?id=diw_01.c.815908.en ]]> Thu, 15 Apr 2021 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.815908.en Joint Economic Forecast: Recovery Loses Momentum - Economy and Politics Still Shaped by the Pandemic http://www.diw.de/sixcms/detail.php?id=diw_01.c.800675.en ]]> Wed, 14 Oct 2020 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.800675.en Joint Economic Forecast: Economy in Shock – Fiscal Policy to Counteract http://www.diw.de/sixcms/detail.php?id=diw_01.c.758744.en ]]> Wed, 08 Apr 2020 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.758744.en Joint economic forecast autumn 2019: Economy Cools Further – Industry in Recession http://www.diw.de/sixcms/detail.php?id=diw_01.c.679945.en Press release of the project group "Gemeinschaftsdiagnose": German Institute for Economic Research (DIW Berlin), Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, ifo Institute – Leibniz Institute for Economic Research at the University of Munich in cooperation with the KOF Swiss Economic Institute at ETH Zurich, Kiel Institute for the World Economy (IfW), RWI – Leibniz Institute for Economic Research in cooperation with the Institute for Advanced Studies Vienna

Germany’s leading economics research institutes have revised their forecasts for economic growth in 2019 signifi­cantly downward. They expect Germany’s gross domestic product to increase by 0.8%. This is more than one percentage point less than in autumn 2018, when the forecast was still for 1.9% growth. In contrast, the institutes confirm their previous forecast for the year 2020: gross domestic product is expected to increase by 1.8%. These are the results of the Joint Economic Forecast for spring 2019, which will be presented in Berlin on Thursday.


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Wed, 02 Oct 2019 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.679945.en
Increasing numbers of older individuals in Germany burdened by housing costs http://www.diw.de/sixcms/detail.php?id=diw_01.c.635092.en Housing costs have risen sharply since 1996, especially for renters - Two thirds of older renting households spend over 30 percent of their income on rent compared with 38 percent in 1996 – People living alone in particular are affected by high housing costs


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Wed, 03 Jul 2019 09:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.635092.en
Germany economy defying an uncertain environment http://www.diw.de/sixcms/detail.php?id=diw_01.c.628814.en DIW Berlin expects GDP growth of 0.9 percent for 2019 and 1.7 percent for 2020 – Overall picture remains unchanged: domestic economy is supporting growth, foreign business is subdued - Unemployment continuing to decline - Trade war poses serious risks for the German economy - Municipal finances in need of restructuring


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Thu, 13 Jun 2019 09:50:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.628814.en
A refugee’s personality is one of the factors which decides how successful integration is http://www.diw.de/sixcms/detail.php?id=diw_01.c.622505.en An increased willingness to take risks, reciprocating friendliness, and a conviction that they are in control of their own lives lead to refugees gaining a foothold in Germany faster.  

Refugees who are more willing to take risks, who tend to reciprocate friendliness, and who are more strongly convinced than others are that they are in control of their lives integrate into society faster. This is the result of a study undertaken on the basis of the “IAB-BAMF-SOEP Survey of Refugees in Germany” which researchers from the Socio-Economic Panel (SOEP) at the German Institute of Economic Research (DIW) devised in conjunction with researchers from the University of the Saarland and the University of Münster. The study was published recently in the “Collabra: Psychology” journal.


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Tue, 21 May 2019 09:21:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.622505.en
More Europe: 13 challenges—13 solutions for more convergence, stability, and competition http://www.diw.de/sixcms/detail.php?id=diw_01.c.620363.en Around 20 DIW Berlin economists present solutions to European challenges - Uniform conditions can make the EU more resilient - Better incentive systems ensure more convergence - Europe must be united in countering global economic risks such as the US tariff dispute

Growth and progress towards equal living conditions across the European Union continues, but the crises of recent years have shown that Europe needs reforms. In light of the European elections at the end of May, around 20 economists at the German Institute for Economic Research (DIW Berlin) examined what these reforms could look like. More competitiveness and convergence could be achieved through a “Pact for Innovation,” more stringent merger control, and industrial support targeted towards specific goals. New fiscal regulations, a stabilization fund, and regulatory harmonization would make Europe more stable and social. Member states must also present a united front to effectively face global challenges such as migration, environmental protection, and climate change.


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Thu, 02 May 2019 11:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.620363.en
Joint economic forecast spring 2019: Significant Cooling of the Economy - Political Risks High http://www.diw.de/sixcms/detail.php?id=diw_01.c.618415.en Press release of the project group "Gemeinschaftsdiagnose": German Institute for Economic Research (DIW Berlin), Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, ifo Institute – Leibniz Institute for Economic Research at the University of Munich in cooperation with the KOF Swiss Economic Institute at ETH Zurich, Kiel Institute for the World Economy (IfW), RWI – Leibniz Institute for Economic Research in cooperation with the Institute for Advanced Studies Vienna

Germany’s leading economics research institutes have revised their forecasts for economic growth in 2019 signifi­cantly downward. They expect Germany’s gross domestic product to increase by 0.8%. This is more than one percentage point less than in autumn 2018, when the forecast was still for 1.9% growth. In contrast, the institutes confirm their previous forecast for the year 2020: gross domestic product is expected to increase by 1.8%. These are the results of the Joint Economic Forecast for spring 2019, which will be presented in Berlin on Thursday.


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Thu, 04 Apr 2019 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.618415.en
German economy growing despite uncertainties and risks; global economy continuing to cool down http://www.diw.de/sixcms/detail.php?id=diw_01.c.616858.en According to DIW Berlin estimates, the German economy will continue its solid growth performance in 2019 and 2020. Overall, however, the economy is cooling noticeably and production capacity utilization is returning to normal. This is primarily due to the global economy weakening; it has been strained by China’s weakening economy, trade conflicts, and political uncertainties such as Brexit. The German economy will be particularly affected by these developments, as it specializes in exporting capital goods. However, the German economy will likely gradually make up for its dip in growth, helped by the fact that private households have been benefiting from fiscal policy stimuli since the beginning of 2019 and the increasing signs of a recovery in the automobile industry. Nevertheless, DIW Berlin has lowered its growth forecast for the German economy to 1.0 percent for this year in light of the gloomier business expectations in many sectors. The outlook for 2020 remains virtually unchanged, however, with GDP forecasted to grow by 1.8 percent.


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Thu, 14 Mar 2019 11:03:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.616858.en
Germany’s economic boom is cooling off http://www.diw.de/sixcms/detail.php?id=diw_01.c.610434.en According to DIW Berlin estimations, the German economy will continue to grow noticeably over the next two years. However, the economic boom is over as economic momentum is likely to cool off. DIW Berlin thus confirms its estimations from the late summer that the growth rate of the German economy is gradually returning to normal, overlaid by non-recurring effects. However, DIW Berlin is lowering its forecast for 2018 to 1.5 percent.

At present, the economic situation is unusually unclear, partly due to developments in the automotive industry. Motor vehicle manufacturers are having major problems certifying their vehicles in accordance with the new exhaust and consumption standards. Certification is a prerequisite for selling their vehicles in Europe. As a result, fewer cars were sold both domestically and abroad in late summer, which led manufacturers to cut back production. This also curbed exports, investments in the vehicle fleet, and private consumption.

The production losses are expected to be made up at least in part in the winter half-year. However, this forecast is subject to unusually high uncertainty: it is quite possible that there will be no further recovery and that the growth momentum this year and next will be weaker than forecast. At present, GDP is expected to grow by 1.6 percent in 2019. Frequently voiced concerns that the German economy will overheat are thus likely finally over. In 2020, the growth rate is likely to be 1.8 percent—but it will be a good 0.4 percentage points stronger due to a higher number of working days.


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Wed, 12 Dec 2018 09:30:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.610434.en
Immigration from other EU countries has increased Germany’s economic growth since 2011 http://www.diw.de/sixcms/detail.php?id=diw_01.c.605566.en Since 2011, over five million immigrants from other EU countries have immigrated to Germany – A DIW Berlin simulation shows that this immigration has increased GDP growth by an average of 0.2 percentage points every year – More needs to be done to improve employment opportunities for the highly qualified, for example by simplifying the procedures for recognizing foreign qualifications

Immigration from other EU countries increased Germany’s GDP growth by an average of 0.2 percentage points every year between 2011 and 2016—and for some years, such as 2015, the high point of EU immigration, by even more (0.3 percentage points). Immigrants filling open jobs increases overall economic employment, leads to additional consumer demand, and avoids bottlenecks in the labor market, which would have led to higher production costs and prices and reduced growth accordingly. These are the findings of Marius Clemens, economic researcher at the German Institute for Economic Research (DIW Berlin), and his co-author Janine Hart from the University of Potsdam, which have been published in their new study.


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Wed, 31 Oct 2018 03:15:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.605566.en
Joint economic forecast autumn 2018: Upturn loses momentum http://www.diw.de/sixcms/detail.php?id=diw_01.c.599318.en Press release of the project group "Gemeinschaftsdiagnose": German Institute for Economic Research (DIW Berlin), Halle Institute for Economic Research (IWH), ifo Institute, Kiel Institute for the World Economy (IfW), RWI - Leibniz Institute for Economic Research


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Thu, 27 Sep 2018 10:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.599318.en
German economy continues to grow moderately but risks remain http://www.diw.de/sixcms/detail.php?id=diw_01.c.597655.en According to DIW Berlin estimations, the German economy will continue on its current growth path over the next three years. This confirms the forecast from early summer that economic output will grow at a more moderate pace than previously. DIW Berlin’s forecast indicates growth of 1.8 percent for 2018, 1.7 percent for 2019, and 1.8 percent for 2020.

In contrast to the strong export performance of the previous year, the domestic economy is now primarily driving growth, with both consumption and the construction boom as contributing factors. Thus, the labor market situation remains favorable and the unemployment rate is likely to fall below the five percent mark as early as next year. Wage increases are also stronger than in previous years and enabling households to earn somewhat more money—even after deducting inflation, which is now higher.


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Thu, 06 Sep 2018 11:06:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.597655.en
Low tax burden for passenger cars in Germany; reform of vehicle and fuel taxation needed http://www.diw.de/sixcms/detail.php?id=diw_01.c.595804.en In a systematic European comparison of taxes and duties on passenger cars, Germany is in the lower third – Taxes on passenger cars neither raise enough revenue nor provide sufficient incentives for less polluting passenger car traffic.

Germany needs to reform its passenger car and fuel taxation and make a gradual increase in the diesel tax a priority. This is the conclusion reached by Uwe Kunert, a transport economist at the German Institute for Economic Research (DIW Berlin) who systematically analyzed and compared passenger car tax systems for 30 European countries (EU-28, Norway, and Switzerland) in a new study. “The comparison shows tax systems which vary greatly in their design, use many different assessment bases, and, as a result, have quite different tax burdens,” said Kunert. The total sum of taxes and duties paid when purchasing (value-added tax, registration tax and fees), maintaining (motor vehicle tax, insurance tax), and using (taxes on fuel) a new mid-size car with an annual mileage of 15,000 kilometers is between 1,200 and 2,000 euros for most of the countries surveyed. In countries with even higher tax totals, the registration tax—which does not exist in Germany—is the determining factor. Moreover, the sample calculation shows that in 26 countries, vehicles with a diesel engine have a lighter tax burden than those with a gasoline engine.


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Wed, 08 Aug 2018 09:38:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.595804.en
DIW president Marcel Fratzscher appointed to new Advisory Board to the United Nations http://www.diw.de/sixcms/detail.php?id=diw_01.c.593787.en ]]> Fri, 06 Jul 2018 12:00:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.593787.en The German economy is slowing down somewhat http://www.diw.de/sixcms/detail.php?id=diw_01.c.591566.en According to DIW Berlin estimates, the German economy should grow by 1.9 percent this year and 1.7 percent next year. The GDP growth forecast has thus decreased by 0.5 percentage points for this year and by 0.2 percentage points for the coming year compared to DIW Berlin’s March forecast. Essentially, this reflects the markedly increased uncertainty concerning the economic policy environment that is affecting investment activity worldwide and curbing exports in particular. In addition, the start of 2018 was weaker than was expected in March due to some temporary factors: high rates of sick leave, broad-based strikes, and an above-average number of holidays.


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Fri, 15 Jun 2018 09:44:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.591566.en
DIW Economic Barometer April 2018: upswing continues at a slower pace http://www.diw.de/sixcms/detail.php?id=diw_01.c.583328.en The Economic Barometer of the German Insitute for Economic Research (DIW Berlin) remains high but is signaling a weakening of the growth rate. It reached a score of 126 points in the first quarter and 121 points in the second quarter, well above the 100-point mark that stands for average growth.


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Thu, 26 Apr 2018 10:30:00 +0200 http://www.diw.de/sixcms/detail.php?id=diw_01.c.583328.en