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Research Group Business Cycle IW-Trends No. 4 23. November 2015 Moderate Performance in the Wake of a Weaker World Economy

IW Economic Forecast Autumn 2015

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Moderate Performance in the Wake of a Weaker World Economy
Research Group Business Cycle IW-Trends No. 4 23. November 2015

Moderate Performance in the Wake of a Weaker World Economy

IW-Trends

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German Economic Institute (IW) German Economic Institute (IW)

IW Economic Forecast Autumn 2015

Germany’s economic adjustment burdens have increased considerably in the course of 2015. Coping with a more slowly expanding world economy – particularly the global decline in investment activity – and with the uncertainties caused by the influx of refugees requires considerable flexibility. The Cologne Institute for Economic Research (IW Köln) expects only moderate increases in exports but a significant boost to growth from both private and public consumption. Investment activity, however, remains only moderate. There has so far been no sign of a fully-developed economic cycle. The number of both employed and unemployed persons will rise next year. Despite additional public spending caused by the inflow of refugees, a public sector deficit can be avoided.

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Moderate Performance in the Wake of a Weaker World Economy
Research Group Business Cycle IW-Trends No. 4 23. November 2015

IW-Forschungsgruppe Konjunktur: Moderate Schlagzahl im Fahrwasser der schwächeren Weltwirtschaft

IW-Trends

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German Economic Institute (IW) German Economic Institute (IW)

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The Productivity Effects of Capital Formation in Germany
Michael Grömling IW-Trends No. 2 9. May 2022

The Productivity Effects of Capital Formation in Germany

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Jürgen Matthes IW-Policy Paper No. 1 25. February 2022

Stability instead of government overreach

Contrary to what the German government seems to be aiming for, a reform of the Stability and Growth Pact (SGP) is necessary. The debt reduction rule forces highly indebted euro countries to reduce their debt too quickly and too damagingly for growth.

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