The German economy will grow by 1.5 percent this year. In the coming year, the increase in GDP will be somewhat higher at 1.8 percent. The jobless rate will be 6.7 percent this year but it will rise by three-tenths of a percentage point in the coming year. Inflation will remain moderate in both...

The benefits of dual apprenticeship programs are usually discussed in the context of reducing structural unemployment rates, especially among the young. Related to this, the long-run benefits of dual apprenticeship programs are extensively analyzed in the literature. However, empirical evidence...

Global economic growth remains subdued. Leaving our forecast for this year unchanged, the pace of growth is expected to stand at 3.2 percent in 2016 and to increase somewhat over the following two years. In the advanced economies, the main growth driver will continue to be private consumption,...

Das Wachstum der Weltwirtschaft bleibt verhalten. Das Expansionstempo dürfte in diesem Jahr - wie zuvor prognostiziert - bei 3,2 Prozent liegen und in den beiden Folgejahren etwas zunehmen. In den entwickelten Volkswirtschaften dürfte der private Konsum Hauptwachstumstreiber bleiben. Hierzu...

The world economy is gaining momentum after sluggish growth in the first half 2016 - which was primarily due to a weak expansion in the emerging markets - gave way to a slight acceleration. This trend is likely to continue, and will increasingly benefit the developed economies as well. The...

Die Weltwirtschaft kommt wieder etwas mehr in Schwung. Nachdem die Expansion in der ersten Jahreshälfte äußerst verhalten war, weil vor allem die Schwellenländer auf der Bremse standen, gab es zuletzt eine leichte Beschleunigung. Diese Entwicklung dürfte sich fortsetzen, wovon zunehmend...

Die Weltkonjunktur hellt sich weiter auf. Die globale Wirtschaftsleistung dürfte in diesem Jahr um 3,7 Prozent zunehmen und im nächsten Jahr geringfügig stärker wachsen. Sowohl die entwickelten Volkswirtschaften als auch die Schwellenländer kommen besser in Schwung. Die USA und der Euroraum...

The world economy continues on its upward growth path, with global production expected to grow by 3.7 percent this year and slightly more than that in 2018. The economies in both the developed and the emerging countries are gaining momentum. Solid output growth is expected for the U.S. and euro...

The German economy is continuing on an upward trend. Due to surprisingly weak production at the start of this year, GDP is likely to increase by 1.8 percent and is therefore growing somewhat slower this year than previously predicted. Growth of 1.9 percent is still expected for the coming year....