This EU supported Specific Targeted Research Project (STREP) had been conducted by a European Consortium composed of eight research institutions. Ifo's part within this larger programme was (a) to analyse the fiscal effects of privatization and (b) to assess the valuation of privatization...

This EU supported Specific Targeted Research Project (STREP) had been conducted by a European Consortium composed of eight research institutions. Ifo's part within this larger programme was (a) to analyse the fiscal effects of privatization and (b) to assess the valuation of privatization...

World Economic Climate brightens - Economic Expectations Improved particularly in the US - Inflation in 2002 Expected to Be Lower than in 2001 - Limited Scope for Further Cuts in Short-term Interest Rates - Euro Still Regarded as Clearly Undervalued - Umemployment and Insufficient Demand Remain...

World Economic Climate soared in April - Economic expectations picked up further - Inflation in 2002 expected to be only slightly lower than in 2001 - Short and long-term interest rates expected to rise - Euro expected to strenghten - Stronger corporate governance requested

World Economic Climate worsened in July - Economic expectations became less optimistic - Inflation in 2002 expected to slow down - Short- and long-term interest rates expected to rise less than according to spring survey - Euro expected to strenghten further - Business needs to convey a positive...

World Economic Climate worsened in October - Economic expectations deteriorated but remained positive - Inflation in 2002 expected to slow down - Short-term interest rates are expected to sink in coming months / Long-term rates will stabilize at the current low level - The major world currencies...