This article examines the impact of the financial crisis on changes in the sectoral and geographic specialization of Germany's trade in research-intensive industries. In the first part of this article we calculate and analyze indicators of sectoral specialization for Germany, the US, Japan and...

Because of increasing resource prices and thus, higher export profits, resource abundant countries become more and more constrained in implementing a sustainable resource management which realizes two main objectives: The development of competitive non-oil industries and the reduction of...

Germany is the world's biggest gross and net exporter of research-intensive goods, even ahead of the US and Japan. Per capita Germany also has the largest export surplus for research-intensive goods with around USD 3,900. Furthermore, Germany increasingly benefits as an importer - and thus as a...

“Vertrauen ist der Anfang von allem” (“trust is the beginning of everything”)- A large bank seemed to be aware of the importance of trust within financial markets when it started the marketing campaign in 1995. Almost fifteen years later banks all over the world trust nearly nobody and...