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"Welfare for everyone", according to former chancellor and economics minister Ludwig Erhard, has been the credo of Germany’s economic and social policy for the past 60 years. However, Germany is increasingly failing to achieve this objective. Germany is a country of enormous inequality -...
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In Deutschland sind die Einkommen vor Steuern und Transfers ungleichmäßiger verteilt als in der OECD im Durchschnitt …
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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...
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German voters in the 2019 European election showed remarkable regional differences in their voting behavior. The Green Party surged in West German districts, while the AfD further consolidated its successes in East Germany. Investigating structural differences at the district level reveals that...
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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...
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The German economy is in the midst of a robust economic cycle: the number of employed persons has reached historic highs and is still increasing powerfully; private household income is on the rise; and the public coffers are overflowing. Inflation is rising only gradually, partly because...
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