1. Home
  2. Studien
  3. Supply Chains, Cost and Investments in Times of Multiple Crises
Hubertus Bardt / Michael Grömling in Advances in Resilient and Sustainable Transport Externe Veröffentlichung 30. März 2023 Supply Chains, Cost and Investments in Times of Multiple Crises

The Russian invasion of Ukraine has significantly clouded the economic outlook in Germany and worsened the investment climate. The investment gap created in the wake of the Covid pandemic will not be closed for the time being.

to download
Externe Veröffentlichung
Supply Chains, Cost and Investments in Times of Multiple Crises
Hubertus Bardt / Michael Grömling in Advances in Resilient and Sustainable Transport Externe Veröffentlichung 30. März 2023

Supply Chains, Cost and Investments in Times of Multiple Crises

to download

Institut der deutschen Wirtschaft (IW) Institut der deutschen Wirtschaft (IW)

The Russian invasion of Ukraine has significantly clouded the economic outlook in Germany and worsened the investment climate. The investment gap created in the wake of the Covid pandemic will not be closed for the time being.

This not only weighs on the pace of economic activity, but at the same time creates protracted deficits in the overall economic capital stock and the associated production and productivity potential. The business surveys conducted by the German Economic Institute in summer and autumn 2022 provide an empirical basis for explaining the current weakness in investment. On the one hand, this company data shows the influence of certain factors on general investment activity, which is unaffected by the Ukraine war. Digitalisation and decarbonisation have a positive impact on the level of investment. High labour costs, production problems due to a lack of supplies and, in particular, the prevailing global economic uncertainty, on the other hand, are weighing on the investment climate. Uncertainties regarding energy supply, a lack of employees and the level of energy costs are also dominant barriers to investment. Secondly, the companies were asked whether and how, in their view, these investment determinants are influenced by the war in Ukraine. While the few positive drivers of investment from the companies’ point of view have changed only little, there has been a massive deterioration especially in the already existing barriers to investment: the sharp rise in energy costs, uncertainties regarding energy supply, global uncertainties and disruptions.

to download
Externe Veröffentlichung
Supply Chains, Cost and Investments in Times of Multiple Crises
Hubertus Bardt / Michael Grömling in Advances in Resilient and Sustainable Transport Externe Veröffentlichung 30. März 2023

Supply Chains, Cost and Investments in Times of Multiple Crises

to download

Institut der deutschen Wirtschaft (IW) Institut der deutschen Wirtschaft (IW)

Mehr zum Thema

Artikel lesen
Politik für Investitionen
Michael Grömling in den VDI-Nachrichten Gastbeitrag 27. Januar 2025

Konjunkturampel: Politik für Investitionen

Es gibt keinen Beleg für eine konjunkturelle Wende in diesem Jahr, schreibt IW-Konjunkturexperte Michael Grömling in einem Gastbeitrag für die VDI-Nachrichten.

IW

Artikel lesen
Michael Grömling im Forum FMP Gastbeitrag 23. Januar 2025

Warum reden wir über die Schuldenbremse?

Deutschland befindet sich seit Anfang 2021 in einer Stagnation. Nach der Erholung vom Pandemie-Schock, der das Wirtschaftsleben in den Jahren 2020 und 2021 stark beeinträchtigt hatte, verharrt die gesamtwirtschaftliche Leistung seit nunmehr drei Jahren auf dem ...

IW

Mehr zum Thema

Inhaltselement mit der ID 8880