It is obvious that the German economy exhibits a significant decline in economic growth during the last two decades. Although the German economy has still to overcome the burden of the reunification in 1990 it is shown that this burden might be only one reason of this decline. In this study we...

Objectives, background, context -- Population trends in China and India: -- Demographic dividend or demographic drag? -- China-India: a macroeconomic assessment -- Science and technology -- Chinese & Indian defense and defense procurement spending to 2025 -- Conclusions and implications --...

Reliable and timely information about current economic conditions is crucial for policy makers and expectations formation. This paper demonstrates the efficacy of the Survey of Professional Forecasters (SPF) and the Purchasing Manager Indices (PMI) in anticipating US real economic activity. We...