Minimum Wage Adjustment and a Living Wage in Germany
Hagen Lesch / Helena Schneider / Christoph Schröder
Germany’s Minimum Wage Act accords a Minimum Wage Commission the task of deciding on a biennial adjustment to the minimum wage. While including an overall assessment, their decision is to be oriented on the development of collective wages.
Hagen Lesch / Helena Schneider / Christoph Schröder IW
Working Age Populations Develop Differently in Europe
Wido Geis-Thöne
If Germany does not succeed in attracting immigrants on a large scale in the next few years, the working-age population will decline sharply. According to the European population projection EUROPOP from 2019, the number of 20–64-year-olds could be 11.2 percent lower in 2030 than in 2020, if there would be no migration. In this case, a decline of only 6.9 percent would be expected in the EU average, and only Lithuania would show a more negative development.
In many countries, a paradigm shift in minimum wage policy is discussed, or it has been implemented already. Instead of protecting employees from exploitation as a lower safety line, the minimum wage is intended to provide an adequate standard of living - if possible without government intervention.
Sustainable Finance: How to finance and achieve global decarbonisation
As governments across the world continue to face the challenge of tackling Covid-19, the current crisis also presents an unprecedented opportunity to reboot global economies in a manner that builds more sustainable, inclusive, and resilient societies, in line with the UN Sustainable Development Goals and the Paris Agreement.
China's digital policy: a threat to European business models
Vera Demary / Jürgen Matthes
China is making great strides in regulating digitization. Some aspects are similar to European approaches, but Chinese laws on data security and protection go much further. This may result in a threat to European business models.
Key Issues for Reforming the World Trade Organization
Jürgen Matthes / Kyungjin Song / Chris Hattingh / Stephen Ezell / Philip Thompson
The members of the Global Trade & Innovation Policy Alliance (GTIPA), a network of over 40 think tanks in 26 nations, have come together to articulate a positive vision that trade, globalization, and innovation—if conducted on private enterprise-led, market-based, rules governed terms—can maximize welfare for the world’s citizens (GTIPA, 2017).
Jürgen Matthes / Kyungjin Song / Chris Hattingh / Stephen Ezell / Philip Thompson IW
Finn Wendland on EurActiv Contribution 28. September 2021
The EU taxonomy can strengthen SMEs in the green transition
Small and medium-sized companies will remain exempt from new disclosure rules on the EU’s sustainable finance taxonomy starting in 2022. However corporate leaders would be well-advised to follow its implications, including SMEs, writes IW Climate Economist Finn Wendland.
More medicines "made in Germany" via international networking
Jasmina Kirchhoff
The Corona pandemic has put the German pharmaceutical industry more than ever in the focus of political and social discussions. At an unprecedented speed, pharmaceutical companies have developed and brought to market four vaccines approved in Europe – German companies have played a major role in this success.
Some of the demands made by the political parties in their election programs for the federal elections are specifically aimed at increasing the demand for and supply of vocational education and training. In this analysis, the measures are evaluated economically based on empirical data and previous research findings.
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