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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
The current global economic environment remains harsh. Global growth rates stagnated in the fourth quarter of 2018, particularly affected by foreign trade. DIW Berlin's forecast indicates global economic growth of 3.7 percent for 2019 and 3.6 percent for 2020. Positive stimuli are expected from...
Persistent link: https://www.econbiz.de/10011993700
The global economy is holding steady amidst uncertainty, although subdued export and investment growth in some places is already proving the extent to which protectionism and the unresolved trade conflicts are negatively affecting the economy. Contributing to the uncertainty is the continued...
Persistent link: https://www.econbiz.de/10012027319
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/10012255140
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/10012255141
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/10012319481
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/10012319482
The coronavirus pandemic is once again slowing down the German economy: Following a strong and unexpected economic recovery over summer 2020, which compensated for large parts of the losses from the spring, the second wave has resulted in renewed restrictions affecting both social and economic...
Persistent link: https://www.econbiz.de/10012426599
The global economy recovered more quickly than expected in the third quarter of 2020. Following the coronavirus-related slumps, economic output increased by seven percent. A decrease in infection rates and thus an easing of containment measures contributed to re-normalizing production processes...
Persistent link: https://www.econbiz.de/10012426600
The global expansion weakened somewhat in the third quarter while the downside risks have increased. DIW Berlin's forecast- almost unchanged-indicates an expansion in global economic production of 4.3 percent for 2018 and 3.9 percent for 2019. In 2020, momentum will slow down further to 3.6...
Persistent link: https://www.econbiz.de/10011947189