The coronavirus (SARS-CoV-2) still dominates our daily lives. Although there are vaccines, vaccination is still slow and by no means in all countries. What is the economic and political situation in this country?
German Economic Institute (IW)
The COVID-19 pandemic has affected all areas of our lives. Among other outcomes, the academic literature and popular media both discuss the potential effects of the pandemic on fertility. As fertility is an important determinant of population development and population forecasts are important for policy decisions and planning, we need to address to which extent ...
The COVID-19 pandemic has highlighted the vulnerability of international supply chains and the dependency of the economy of the European Union (EU) on goods from non-EU countries. The scarcity of microchips that has persisted since the COVID lockdowns has laid ...
Over the past two years the Covid19 pandemic has presented the German economy with major challenges, with the personal services sector just as severely affected as manufacturing.
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.