The automotive markets of the industrialized world are saturated. There is no longer any growth for the ""growth-minded"" automotive industry. This situation is not fundamentally changed by countries like China, India, and Eastern Europe, their markets are too small and develop their own...

"During the 1990s Francis Fukuyama announced the end of history. The 2000s showed how it is an illusion to imagine a peaceful world without conflict.In this book the authors explore how six major constraints are set to fix the trajectory of the global economy. Three of them are new: the aging...

We analyse the ftnancial forecasts small and medium-sized German banks provided in several waves of a quantitative survey, called LIRES, and compare them with the results the banks actually realized. Based on this unique data set, we ftnd that the predictions are relevant, especially concerning...