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The coronavirus pandemic caused a global market crash in the first half of 2020. Following a massive slump of around four percent in the first quarter, global GDP decreased in the second by five percent. Lower rates of new infections, together with far-reaching monetary and fiscal policy...
Persistent link: https://www.econbiz.de/10012291931
The German economy has bottomed out, but its recovery is going to be long and arduous. Nevertheless, following the almost two-digit slump in economic output in the second quarter of 2020, recovery is likely to be accompanied by above-average rates. However, it is assumed that a second wave will...
Persistent link: https://www.econbiz.de/10012291933
The coronavirus recession has left deep marks on the German economy and despite economic policy action, it is likely to heal only slowly. The partial easing of the lockdown and a gradual revival of global value chains are generating positive stimuli, but massive income losses will curb demand...
Persistent link: https://www.econbiz.de/10012251300
Die Hochkonjunktur in Deutschland ist vorüber, eine Rezession, droht indes nicht: Trotz der jüngst schwächeren Konjunktur, dürfte die Wirtschaft in diesem Jahr um 1,0 Prozent, wachsen. Eine tragende Säule bleibt der Konsum: Im Jahresdurchschnitt, wird die Zahl der Arbeitnehmerinnen und...
Persistent link: https://www.econbiz.de/10011987665
After a turbulent summer, marked by a weak second and a likely stronger third quarter, the German economy should return to an average pace of growth and end up with a growth rate of 0.9 percent in 2019. Despite the more subdued pace, capacity utilization remains high; employment growth is...
Persistent link: https://www.econbiz.de/10012016596
Although the economic boom in Germany is over, a recession is not looming. The economy is still expected to grow by 1.0 percent this year despite its recent weaker performance. Consumption remains a mainstay of the economy; the average annual increase in the number of employees is likely to be...
Persistent link: https://www.econbiz.de/10011992300
The spread of the coronavirus worldwide is exerting considerable pressure on the economy. Compounded by the lack of quality data, model uncertainty, and uncertainty over government responses, economic forecasts are subject to even greater uncertainty than usual. It is difficult to predict how...
Persistent link: https://www.econbiz.de/10012198194
Although the economic boom in Germany is over, a recession is not looming. The economy is still expected to grow by 1.0 percent this year despite its recent weaker performance. Consumption remains a mainstay of the economy; the average annual increase in the number of employees is likely to be...
Persistent link: https://www.econbiz.de/10011993699
Die Hochkonjunktur in Deutschland ist vorüber, eine Rezession, droht indes nicht: Trotz der jüngst schwächeren Konjunktur, dürfte die Wirtschaft in diesem Jahr um 1,0 Prozent, wachsen. Eine tragende Säule bleibt der Konsum: Im Jahresdurchschnitt, wird die Zahl der Arbeitnehmerinnen und...
Persistent link: https://www.econbiz.de/10011993773
After a turbulent summer, marked by a weak second and a likely stronger third quarter, the German economy should return to an average pace of growth and end up with a growth rate of 0.9 percent in 2019. Despite the more subdued pace, capacity utilization remains high; employment growth is...
Persistent link: https://www.econbiz.de/10012027318