Exports and Imports

Deutschland ist fest in die Weltwirtschaft eingebunden. Dies zeigt sich am vergleichsweise hohen Wert der Ausfuhren und Einfuhren von jeweils mehr als 1 Billion Euro.

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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.

Matthias Diermeier / Michael Hüther / Markos Jung ·
IW-Kurzbericht Nr. 33 ·
11 June 2018

It’s business models, stupid!

In contrast to a massive current account deficit against China, the US runs a current account surplus with respect to the European Union. The US-EU surplus is largely driven by a positive service balance and primary incomes originating from US investments abroad. Services and primary incomes overcompensate the US goods trade deficit with the EU. Rather than representing a “rip–off”, the different balances reflect the economies’ different business models.

Hubertus Bardt ·
IW-Trends Nr. 1 ·
5 April 2018

The Impact of Intense and Escalating Conflicts on Economic Performance and on German Foreign Trade

Unsicherheiten bis hin zu kriegerischen Auseinandersetzungen sind eine Belastung für die betroffenen Volkswirtschaften. Länder mit besonders hoher Konfliktneigung weisen niedrigere Wachstumsraten und Investitionsquoten auf als die Vergleichsgruppe der Schwellen- und Entwicklungsländer.

Manuel Fritsch / Jürgen Matthes ·
Expertise ·
1 December 2017

Factory Europe and its Ties in Global Value Chains

Global value chains have continued to expand over the last few decades. This has made them a central part of many companies’ internationalization strategies and an important facet of globalization.

Jürgen Matthes ·
Contribution ·
10 October 2017

Chinese take-overs in Europe

How does the EU Commission’s idea of closer scrutiny of Chinese investments into European companies square with the same Commission’s advocacy in favour of open markets and free movement of capital? It is a delicate balance to strike between intervention and free markets. The EU needs to be careful not to lose credibility and scare away foreign investors which could endanger the many advantages of inflowing foreign direct investment.

Ilaria Maselli / Jürgen Matthes for Euractiv ·
Contribution ·
6 July 2017

At G20, the EU must walk a tightrope on trade policy

At this week’s G20, global trade will come into the spotlight. It will present EU leaders with the daunting task of juggling economic sanity and political reality, write Ilaria Maselli and Jürgen Matthes for Euractiv. Ilaria Maselli is a Senior Economist at The Conference Board. Jürgen Matthes is a Senior Economist at the Cologne Institute for Economic Research. They are the co-authors of the new report, Ensuring Accountability in Modern Trade Policy.

Jürgen Matthes / Ilaria Maselli ·
IW-Report Nr. 18 ·
27 June 2017

Ensuring accountability in modern trade policy

Attempts to foster trade liberalisation with a new generation of trade agreements aimed at lowering non-tariff barriers face opposition among the general public. Many fear that trade liberalisation risks lowering the level of protection embedded in regulations that are aimed at safeguarding social rights, health and the environment.

Michael Grömling ·
IW-Kurzbericht Nr. 40 ·
7 June 2017

German investment becomes focus of international politics

Overall investment activity in Germany is currently a hot topic in international economic policy discussions. In the controversy over Germany’s large current account surpluses, the argument is regularly put forward that imports of goods lag behind exports due to the overly weak domestic demand within Germany.

Galina Kolev ·
IW News ·
26 May 2017

G7 summit: As unpredictable as US President Trump

The heads of state and government of the seven major advanced nations in the world are currently meeting in Sicily. The main topics at the G7 Summit will be free trade, climate protection and migration policy. The positions of the politicians present differ considerably, progress is hardly possible. Also, because US President Donald Trump misconstrues facts.

Michael Hüther im Handelsblatt ·
Contribution ·
23 March 2017

Zerfällt der Westen?

Menschenrechte, Gewaltenteilung, Demokratie: Die Werte des Westens erodieren. Ist unser Gesellschaftsmodell am Ende? Nein. Doch die transatlantische Erzählung braucht eine lebenspraktische Übersetzung. Ein Gastbeitrag von Michael Hüther, Direktor des Instituts der deutschen Wirtschaft Köln und Russell Berman, Professor für Geisteswissenschaften an der Stanford University und Senior Fellow an der Hoover Institution.