Der gemeinsame Binnenmarkt fördert den Handel innerhalb der Europäischen Union. Der freie Verkehr von Personen, Waren, Dienstleistungen und Kapital hat den Europäern einen ansehnlichen Lebensstandard beschert.
Over the years, European value chains have become increasingly relevant to employment in the EU. While research on industrial value chains is broadly covered in recent years, the effects of valuechains in European service sectors still needs to be quantified.
At present, it is difficult for German companies to foresee future trading conditions with the UK after the withdrawal from the EU. This IW report attempts an initial assessment in order to reduce planning uncertainty. Firstly, the focus is on the shortterm effects of Brexit.
The freedom of movement for workers is one of the core principles of the European Union and most Europeans have positive attitude towards it. 75 percent regard it as a good and only 9 percent as a bad thing. Nevertheless, the number of persons moving from one EU member country to another is still small.
The Cologne Institute for Economic Research (IW Köln) and the German Institute for International and Security Affairs – Stiftung Wissenschaft und Politik (SWP) are kindly inviting you to a jointly organised expert exchange on the on-going negotiations for a new trade agreement between the EU and Mercosur.
Emmanuel Macron's proposals for euro area reforms go well over the target. They are unrealistic and over-ambitious with regard to the outcome of the German elections. The euro area needs a common understanding of the fundamental issues of the Eurozone.
The interactive graphic shows the share of participants of the survey who are satisfied with their work in percent and how it changes when the employees are dissatisfied with certain working conditions.
If the British government has its way, when the United Kingdom (UK) withdraws from the European Union (EU), it will also leave the internal market and the customs union. This means that trade between the two economic areas will in future be hobbled by non-tariff trade barriers and, if the worst comes to the worst, by actual tariffs.
A hard Brexit would hit the economy on both sides of the channel heavily, especially the extended supply chain of key German industries, the Cologne Institute for Economic Research (IW) shows in a study.
The UK Government tries to mitigate the disadvantages of exiting the EU customs union through innovative proposals. However, it is hard to imagine that this approach will work out.
If the British government has its way, when the United Kingdom (UK) withdraws from the European Union (EU), it will also leave the internal market and the customs union. This means that trade between the two economic areas will in future be hobbled by non-tariff trade barriers and, if the worst comes to the worst, by actual tariffs. This may not only mean additional costs for the ultimate consumers, but also affect those companies in the UK and the EU which are linked by value chains.
Senior Economist for European Integration
Tel+49 221 4981-762
Mailbusch@iwkoeln.de
Head of the Research Unit International Economics and Economic Outlook
Tel+49 221 4981-754
Mailmatthes@iwkoeln.de
