Intangible capital is an increasingly important factor of production in advanced economies. Governments in Europe and elsewhere promote investment in intangible assets. However, the potential role of intangibles for business cycles and the international transmission of shocks is not well...

The global economy is expected to grow by four percent annually over the next two years. This is a slight increase in the German Institute for Economic Research forecast in comparison to that of the fall. The upswing will gain momentum in both developed and emerging economies. Private...

Die Volkswirtschaften Europas und der Vereinigten Staaten erholen sich nur langsam von der weltweiten Finanzkrise und der Schuldenkrise im Euroraum. Wie hoch wird das Wirtschaftswachstum in den kommenden Jahren ausfallen? Werden die entwickelten Volkswirtschaften in einem hohen Maße...

This year and next, global GDP will grow more strongly than expected. The growth rate should be just under four percent. In developed economies, the continuing improvement in the job market situation will drive consumption. Corporate investment activity will also gain momentum. Over the forecast...