- Markus Demary / Adriana Neligan ·
- Press Release ·
- 28 Jun 2018
Clear criteria for a veritable market
The European Commission currently aims at boosting the green financial market by softening the capital requirements for green bonds. This could lead to a bubble, reports the German Economic Institute (IW) in a study. Instead of pushing for rapid growth, the EU should first focus on the planned uniform standards for green bonds.
- Matthias Diermeier / Michael Hüther / Markos Jung ·
- IW-Kurzbericht ·
- 11 Jun 2018
It’s business models, stupid!
In contrast to a massive current account deficit against China, the US runs a current account surplus with respect to the European Union. The US-EU surplus is largely driven by a positive service balance and primary incomes originating from US investments abroad. Services and primary incomes overcompensate the US goods trade deficit with the EU. Rather than representing a “rip–off”, the different balances reflect the economies’ different business models.