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The developed economies of Europe and the United States are slowly recovering from the worldwide financial crisis and the debt crisis in the euro area. How will the economic situation of these countries evolve in the future? Will the developed economies experience high rates of productivity and...
Persistent link: https://www.econbiz.de/10011316820
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...
Persistent link: https://www.econbiz.de/10011316821
Die entwickelten Volkswirtschaften erholen sich nur schleppend von der Finanzkrise. Unter dem Eindruck dieser jüngsten Entwicklungen wird verschiedentlich darauf hingewiesen, dass sich das Wirtschaftswachstum pro Kopf in vielen entwickelten Volkswirtschaften bereits seit den 1980er Jahren...
Persistent link: https://www.econbiz.de/10011388373
Recently, the coronavirus pandemic has caused economic developments in major economies to drift apart: While infection rates were declining and production was experiencing strong growth in places such as Europe and the United States in the second quarter of 2021, emerging economies were...
Persistent link: https://www.econbiz.de/10012631744
Persistent link: https://www.econbiz.de/10012251295
The consequences of the ongoing 2020 coronavirus pandemic are leaving deep marks on the global economy. In the first quarter of 2020, global production sank by 15.5 percent over the course of the worldwide lockdown. Since containment measures in many countries were mainly implemented during the...
Persistent link: https://www.econbiz.de/10012251296
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...
Persistent link: https://www.econbiz.de/10011629542
Global economic output is expected to grow by 3.7 percent this year, and with a slightly stronger dynamic in the coming year; both predictions match the figures proposed in DIW Berlin’s spring forecast, even though the year started off somewhat weaker than expected. But overall, economic...
Persistent link: https://www.econbiz.de/10011664727
The ongoing trade conflicts initiated by the US and the uncertainty surrounding Brexit are negatively affecting the global economy. Global trade and investment activity, and thus in many places industrial output, are the areas most impacted. Consumption, however, is continuing to support the...
Persistent link: https://www.econbiz.de/10012110800
We analyze the effects of intangible investment on international output synchronization. Using a dynamic stochastic general equilibrium model, we find that an increase in the importance of intangible capital leads to a higher degree of output comovement across countries. Therefore, countries in...
Persistent link: https://www.econbiz.de/10011857136