The expansion of Western European production accelerated in the first half of 1997. Exports were the main engine, driven by a devaluation of European currencies and strong growth abroad. Domestic demand also picked up somewhat led by investment in machinery and equipment. Inflation remained at...

The global economy continued to recover in the winter semester, despite the number of new infections with the coronavirus rising sharply and containment measures tightened again in many countries. Industrial production and world trade have already fully catched up with activity levels before the...

The global economy is facing increased economic policy uncertainty in a phase of already moderate momentum. The announcements made by the incoming US administration are the main reason for this. However, it is unclear what measures will actually be taken. This forecast is based on the assumption...

Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...

Sanktionen zielen in der Regel darauf ab, das Verhalten des sanktionierten Landes zu ändern. Die Ziele von Sanktionen reichen von der Beilegung von (gewaltsamen) Konflikten, Vermeidung von Menschenrechtsverletzungen, der Förderung von Demokratisierung und Nichtverbreitung bis hin zu handels-...

Die zur Bekämpfung der Covid-19-Pandemie ergriffenen Maßnahmen führten im Winter und Frühjahr 2020 zu erheblichen Produktionseinschränkungen und dazu, dass eingespielte Logistiknetzwerke empfindlich gestört wurden. Daraus resultierten im weltweiten Maßstab ungewöhnlich starke...