Hanisch, Max - In: DIW weekly report : economy, politics, science : a … 10 (2020) 6/7, pp. 53-58
Over the past years, there has been an increase in global geopolitical risk, the most recent example being the intensifying conflict between the USA and Iran. Such geopolitical risks also affect the German economy. A geopolitical shock, defined as an unexpected increase in risk, has a...