This paper discusses the experiences resulting from EU's adoption and implementation of a wide variety of policy measures in response to the COVID-19 crisis. These measures included stimulating the relocation and expansion of manufacturing to reduce vulnerability, depending on imports, ensuring...

Wie man es auch dreht und wendet: Deutschland hat - im internationalen Vergleich - gravierende ökonomische Probleme. Von der einstigen "Lokomotive" der europäischen Wirtschaften ist nicht mehr viel übrig geblieben. Der Export ist vordergründig das Aushängeschild der bundesdeutschen...

The article advances the hypothesis that Germany is unable to increase its gains from trade dispite increasing trading volumes. High and rigid German wages largely result from the minimum wage constraint imposed by a welfare state that offers generous replacement incomes. Confronted by low-wage...