While policy measures affect the welfare of nations, the practice of policy advice is determined by complex rules. Evidence-based scientific policy advice gives weight to hard empirical facts and restrictions. The lecture discusses challenges and conditions for success and provides suggestions...

This paper outlines the importance of labor mobility for the improvement in allocating and distributing economic resources. We are faced with an increasing lack of skilled workers and a growing tendency of unemployment amongst the low-skilled. A central political objective for the future will...