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Josephine Pabst

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Puzzling attitudes towards protectionism related to lacking knowledge
  • Galina Kolev ·
  • IW News ·
  • 28 March 2019

Protectionism: Puzzling attitudes towards protectionism related to lacking knowledge

The changing course of US trade policy since the election of Donald Trump has strengthened the image of free trade in the EU. However, almost 40 percent of EU citizens also support protectionism.This is puzzling, yet lacking knowledge is an important explanation, a new IW study shows. An information campaign is inevitable in order to secure the sustainability of EU Trade policy.

In Descent
  • Michael Grömling ·
  • Press Release ·
  • 19 September 2018

IW Economic Forecast: In Descent

The power struggle between the USA and China is also perceptible in these parts; exports are declining, companies invest less. The German Economic Institute thus adjusts its economic forecast downward.

Clear criteria for a veritable market
  • Markus Demary / Adriana Neligan ·
  • Press Release ·
  • 28 June 2018

Green Bonds: 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.

New priorities for the EU
  • Berthold Busch / Jürgen Matthes ·
  • IW News ·
  • 30 May 2018

European Union: New priorities for the EU

In the face of new inside and outside threats, intensive discussions are currently underway regarding the future of the European Union. The increasing pressure to reform should be used to substantially reorganize the EU budget. The recent proposals of the European Commission for the next Multiannual Financial Framework (MFF) still lack ambition in this respect.

Herculean task for the Eurozone
  • Markus Demary ·
  • Press Release ·
  • 7 May 2018

Non-performing loans: Herculean task for the Eurozone

The big banks in the Eurozone are still sitting on non-performing loans worth over half a trillion Euros. Especially in Cyprus, Greece and Italy bank failures are likely, as shown in a study of the German Economic Institute (IW). If the banks were to be made fit for the introduction of the planned European Deposit Insurance Scheme, then a great deal of money would have to be spent on their restructuring.

Between promotion and regulation
  • Markus Demary / Vera Demary ·
  • IW News ·
  • 8 March 2018

FinTech Strategy of the EU: Between promotion and regulation

With its Fintech Action Plan, the European Commission intends to promote new business models in the financial sector as well as new forms of business financing. The plan also includes the so-called Initial Coin Offerings (ICO), which could benefit above all young start-ups from the technology sector. However, the Commission’s proposal is not sufficiently far-reaching.

(Un-)Fair taxation of the digital economy
  • Martin Beznoska / Tobias Hentze ·
  • IW News ·
  • 6 March 2018

(Un-)Fair taxation of the digital economy

The EU would neglect its responsibility for the mismatch of tax policies among member states by implementing a taxation of the digital economy. It would translate into a tax increase for a specific group of companies, which would make the classification of digital companies alone highly controversial. This would further enlarge distortions instead of guaranteeing a level playing field. Instead of the taxation of the digital economy, the German Economic Institute suggests a two-step approach in order to avoid distortions and unfair taxation.

Training and Education in the Main Countries of Origin
  • Kristina Stoewe ·
  • IW News ·
  • 2 February 2018

Training and Education in the Main Countries of Origin

By the end of 2016, Germany had registered around 1.6 million persons seeking protection (Federal Statistical Office, 2017). In order to facilitate their integration into the vocational training and labour market, information on refugees' educational degrees, vocational qualifications and competencies is of central importance.

High risks for the ECB
  • Markus Demary / Jürgen Matthes ·
  • IW News ·
  • 30 January 2018

New Euro area safe bonds: High risks for the ECB

An EU working group presented yesterday a feasibility study for sovereign bond-backed securities. These bonds are designed to reduce the vulnerability of the European banking sector to sovereign debt crises. The problem, however: Should there be any disruptions in the markets for these securities in the event of a crisis, the European Central Bank (ECB) would have to step in.

Targets threaten efficiency of EU climate and decarbonization policies
  • Benjamin Tischler ·
  • IW News ·
  • 15 January 2018

Energy consumption: Targets threaten efficiency of EU climate and decarbonization policies

Increasingly stringent energy consumption targets for the year 2030 flanked by national energy efficiency targets are about to being agreed at the EU level. A study by the German Economic Institute (IW) shows that these targets when applied to ETS-sectors, conflict with the overall aim of a cost-efficient decarbonization.

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