Nationale Hindernisse für eine grenzüberschreitende Patientenversorgung in der EU
IW policy paper, 27 March 2017 Susanna Kochskämper

Why is it used so little? Arrow

Why do so few patients know that they are allowed to be treated in other EU member states – on the same terms as within their own state and without additional health insurance? And why is this potential so far hardly used, even though national health systems could benefit from it? Cost advantages resulting from medical treatment of patients abroad fully benefit the country of affiliation. more

ECB at the Crossroads
IW-Kurzbericht, 27 March 2017 Markus Demary / Michael Hüther

ECB at the Crossroads Arrow

The ECB has left its policy interest rates unchanged despite inflationary pressures stemming from a strengthened recovery and from rising oil prices. Although the ECB’s Governing Council did not discuss a renewal of the long-term refinancing operations, which will expire in 2020, its monetary policy stance is still too accommodative.  more

Contribution, 23 March 2017 Michael Hüther for Handelsblatt Global

Is the West Disintegrating?Arrow

Is the West Disintegrating?

The West will not be able to continue espousing values of liberal democracy if it keeps ignoring poverty, growing domestic inequality and widespread anti-elitist attitudes, Russell Berman and Michael Hüther argue. more

Is the West Disintegrating?
Contribution, 23 March 2017 Michael Hüther for Handelsblatt Global

Is the West Disintegrating? Arrow

The West will not be able to continue espousing values of liberal democracy if it keeps ignoring poverty, growing domestic inequality and widespread anti-elitist attitudes, Russell Berman and Michael Hüther argue.  more

iwd, 22 March 2017 EU

60 years Treaty of Rome Arrow

The European Union looks back on 60 years of economic cooperation. The first attempts to political integration are even older, but failed in the French parliament. Currently, however, closer cooperation in security and defense policy is urgently needed. more

Be careful with benchmarking in pension policy
IW News, 17 March 2017 Pension Systems

Be careful with benchmarking in pension policy Arrow

The Eurogroup will look into the possibility of introducing benchmarking in pension policy. Most European pension systems face a similar demographic challenge. Yet, they differ in many aspects. If this is not taken into account, a benchmarking process is likely to fail its purpose. more

Transatlantic trade
IW News, 16 March 2017 Transatlantic trade

Trumps distorted view Arrow

When Angela Merkel meets Donald Trump on Friday, the elephant in the room will be transatlantic trade. With its export surplus, Germany is the focus of criticism by the US president. Yet, the surplus in the trade balance of other EU countries with the US is higher – after accounting for the size of the economy. more

EMU is more resilient than many think
iwd, 15 March 2017

EMU is more resilient than many think Arrow

Even if the debt crisis in the euro area states may not yet be over, it still doesn’t mean that the euro area needs a common budget – as many politicians are demanding. The call for such a fiscal stabilisation mechanism fails to recognise the fact that many southern European countries have, in the meantime, implemented reforms aimed at tackling the underlying causes of the crisis, thereby significantly improving the ability of these states to adapt. more

Circular Economy
IW News, 14 March 2017 Circular Economy

German industry could save 2 billion euros in mineral raw materials Arrow

Today the European Parliament will vote on the EU’s waste legislative proposals. Yet, besides setting recycling and landfilling targets production patterns also must change to avoid waste. Many German manufacturing firms already focus on saving materials. A recent company survey conducted by the Cologne Institute for Economic Research shows that there is still more potential for digitising measures relevant for a circular economy. more

The European Derivatives Market after Brexit
IW-Kurzbericht, 10 March 2017 Markus Demary

The European Derivatives Market after Brexit Arrow

The Brexit will affect the stability of derivatives markets. These markets are huge and global, but they concentrate on the financial hub London. This article discusses post-Brexit scenarios for the financial supervision of these important markets and recommends to strengthen the supervision at the EU-level.  more

Is the US starting a regulatory competition with the EU?
IW-Kurzbericht, 10 March 2017 Markus Demary

Is the US starting a regulatory competition with the EU? Arrow

The US-President Donald Trump has signed an executive order which directs the US Treasury department to revise financial regulation, especially the Dodd-Frank Act. Critics are afraid that this will cause inconsistencies in global regulation and weaken the EU’s financial centres. This article gives a first assessment on the consequences of a revision of the Dodd-Frank Act for the EU. more

The Role of the Private Sector in Vocational and Educational Training
Expertise, 7 March 2017 Regina Flake

The Role of the Private Sector in Vocational and Educational Training Arrow

Even though the four analysed countries are very different in terms of their starting points and their demographic, economic and institutional framework conditions, they all face the same challenge: designing a vocational education and training system that makes the country future-proof. more

Balanced Trade: What’s the Big Deal?
Contribution, 20 February 2017 Michael Hüther for Handelsblatt Global

Balanced Trade: What’s the Big Deal? Arrow

Is Germany’s trade surplus really that bad? Those demanding action need to come up with better reasons than simply referring to economic models, writes a leading German economist.  more