German Economic Institute
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German chancellor Angela Merkel and British Prime Minister Theresa May.
  • Michael Hüther / Matthias Diermeier / Markos Jung / Andrew Bassilakis ·
  • External Studies ·
  • 9 Oct 2018

Who Pays for the Brexit?

The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a "hard Brexit" could cause considerably high costs on both sides of the Channel. In the short run, companies will be charged more than 15 billion euro as tariffs. In the long run, UK-EU trade could be reduced up to 50 percent.

  • Michael Hüther / Matthias Diermeier / Markos Jung / Andrew Bassilakis ·
  • External Studies ·
  • 9 Oct 2018

Who Pays for the Brexit?

The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a "hard Brexit" could cause considerably high costs on both sides of the Channel. In the short run, companies will be charged more than 15 billion euro as tariffs. In the long run, UK-EU trade could be reduced up to 50 percent.

studies

Is There a Shortage of Skilled Workers in the German Pharmaceutical Industry?
  • Anastasia Diel / Jasmina Kirchhoff ·
  • IW-Trends No. 3 ·
  • 25 Oct 2018

Is There a Shortage of Skilled Workers in the German Pharmaceutical Industry?

Due to its specific employment structure, the pharmaceutical industry is increasingly being affected by Germany’s widely attested labour shortage. Although in general companies in the sector are actually less affected by bottlenecks than other industries, this is no reason for complacency.

Die Siemens-Medizintechnik-Tochter Siemens Healthineers erlebte Mitte März 2018 ihr Börsendebut und wird nun im TecDax gelistet.
  • Klaus-Heiner Röhl ·
  • IW-Trends No. 3 ·
  • 25 Oct 2018

Business Splits: Economic Aspects of a Global Trend

While there has long been a trend towards large companies becoming dominant through takeovers, in Germany and internationally an opposite trend has recently set in: the breaking up of companies as a result of sales, IPOs or spin-offs is clearly on the increase.

Multigenerational Mobility in the United States, the United Kingdom and Germany
  • Guido Neidhöfer/ Maximilian Stockhausen ·
  • External Studies ·
  • 22 Oct 2018

Multigenerational Mobility in the United States, the United Kingdom and Germany

Using harmonized household survey data, we analyze long-run social mobility in the United States, the United Kingdom, and Germany, and test recent theories of multigenerational persistence of socioeconomic status.

Why a free trade area for goods is in the interest of the EU and how to achieve a sound balance of rights and obligations
  • Jürgen Matthes ·
  • IW-Report No. 38 ·
  • 16 Oct 2018

Brexit: Why a free trade area for goods is in the interest of the EU

In the political declaration of the Withdrawal Agreement the EU should leave the door open for a free trade area for goods that has been suggested by the UK’s Chequers proposals.

studies

Press

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The German Economic Institute (IW) is a private economic research institute in Germany, which is a advocate of a liberal economic and social order. We work to improve understanding of how business and society function and interact.