New Skills Agenda of the European Commission
IW News, 5 December 2016 New Skills Agenda of the European Commission

Brush up the image of vocational training Arrow

The European Vocational Education and Training (VET) Week is designed to make vocational training more attractive. The dual system in Germany can serve as a model for countries with high youth unemployment. more

IW News, 30 November 2016 The economy abroad

Europe must lead the way Arrow

First Brexit, then the election of Donald Trump as the new US President: right now, the world economy is in total disarray. Even though – according to IW foreign predictions forecasts – the global growth rate is set to increase slightly in the coming year, there is still a lot to do – especially for Europe. more

IW News, 1 December 2016 Environmental Protection

The fate of plastic bags Arrow

The EU wants to drastically reduce the consumption of plastic bags and is hopeful that consumers will switch to more environmentally friendly alternatives. Until 27 November 2016, EU governments had to adopt measures to cut the consumption of plastic carrier bags and report them to the EU Commission as required by the EU Plastic Bag Directive. Germany has opted for a voluntary agreement. This sounds good, but there is more than one obstacle. more

IW News, 30 November 2016 EU – Energypackage

Rescuing the energy marketArrow

Erneuerbare Energien

Today, the EU Commission presented new guidelines and proposals for the European energy policy. With regard to the energy market design, the proposed package offers some welcome visions. They have the potential to indeed overcome the fragmented and somewhat inefficient state of national energy policies, including in Germany. more

German Energy turn-around – Energiewende Electricity looking for storage UN Climate Conference in Marrakesh International climate protection efforts endangered
Erneuerbare Energien
IW News, 30 November 2016 EU – Energypackage

Rescuing the energy market Arrow

Today, the EU Commission presented new guidelines and proposals for the European energy policy. With regard to the energy market design, the proposed package offers some welcome visions. They have the potential to indeed overcome the fragmented and somewhat inefficient state of national energy policies, including in Germany.  more

IW News, 15 November 2016 Current account

Surplus is no ground for sanctions Arrow

The German economy is operating profitably in foreign trade. But contrary to popular belief, the current account surplus does not adversely affect the European countries impacted by the financial crisis. Indeed, the economic ascent of the newly industrialised countries has resulted in especially great demand for products from Germany’s capital goods industry. more

IW News, 14 November 2016 Data protection

EU orders companies to be clearer Arrow

Companies often publish several different privacy statements – and every single one of them is confusing for customers. An EU regulation is now aiming to provide clarity. more

Export performance
IW News, 18 October 2016 Export performance

Unit labour costs shape international trade Arrow

Even Germany, as an export nation, has to compete for shares on its sales markets. The cost for businesses to manufacture goods plays a vital role in this process. An interactive graphic by the Cologne Institute for Economic Research (IW Köln) reveals the following: when unit labour costs increase in comparison to the competition, export performance generally declines. more