DIW Economic Bulletin

Ganzes Heft

Climate Protection through Biochar in German Agriculture: Potentials and Costs

In recent years, there has been much discussion about biochar - a carbonaceous product made of biomass - as a promising technique for mitigating climate change. In particular, this method has the potential to remove carbon dioxide from the atmosphere for the long term by incorporating biochar into the soil while enhancing soil fertility at the same time. A research project conducted by DIW Berlin calculated ...

Energy Upgrades: The Longer You Wait, the Harder It Gets: Seven Questions to Dietmar Edler

Improved Energy Efficiency: Vital for Energy Transition and Stimulus for Economic Growth

As part of the energy transition process, the German government has set far-reaching energy efficiency targets, including doubling the annual rate of building renovation to upgrade energy performance from one to two percent. DIW Berlin has estimated the additional energy-savings-related investment required to meet these targets and analyzed the impact this could have on the economy. In the long term, ...

Financial Sector: Upward Trend in Share of Women on Corporate Boards Progressing Only in Small Steps

Last year, more women were appointed to the executive boards of major financial institutions. The share of women on the executive boards of banks and savings banks at the end of 2013 was a good six percent, which represents an increase of almost two percentage points over the previous year. This increase is primarily attributable to changes at private financial institutions and cooperative banks. At ...

Public Companies Could Play a Pioneering Role: Six Questions to Elke Holst

Women Still the Exception on Executive Boards of Germany's Large Firms: Gradually Increasing Representation on Supervisory Boards

The trend toward more women on the corporate boards of German companies continued in 2013, albeit on a small scale. The share of women on the supervisory boards of the 200 largest companies increased by more than two percentage points, and thus at a somewhat higher rate than in recent years, to just over 15 percent. The corresponding share of women on executive boards virtually stagnated at a low level ...

Ganzes Heft

German-Chinese Economic Relations: Opportunities and Risks for Germany

During the last few years, the People's Republic of China has become an increasingly important trading partner for Germany. Particularly in the wake of the global economic and financial crisis that began in 2008, trade with China has been an important driver of economic growth in Germany as German industry benefited from the increase in Chinese import demand more than other European countries. However, ...

China's New Course: Strengthening Private Consumption: Five Questions to Christian Dreger

Prospects for Consumption-Based Growth in China

The Chinese model for economic growth is undergoing a fundamental reorientation. While output has been driven by investments and exports in recent decades, private consumption is expected to become a major trigger for future GDP growth. However, the conditions for higher demand from households are far from optimal: the savings rate is high, driven in particular by the low level of social security and ...

Ganzes Heft

Leisure Behavior of Young People: Education-Oriented Activities Becoming Increasingly Prevalent

Young people's leisure activities are significantly different today than they were ten years ago. The obvious use of communication and entertainment electronics, such as cell phones, computers, and games consoles is only one aspect - there are also less visible changes: informal activities such as meeting with friends are being increasingly sidelined by education-oriented activities like extra-curricular ...

Reduction in Income Inequality Faltering

Inequality of disposable incomes in Germany has decreased slightly since its peak in 2005. However, this trend did not continue in 2011. The most important reasons for this were the inequality in market incomes, including capital incomes, which had increased again. Besides this finding, the updated analyses of personal income distribution based on the Socio-Economic Panel Study (SOEP) show that the ...

The Poor and Unemployed Show Less Political Interest: Seven Questions to Martin Kroh

Poor, Unemployed, and Politically Inactive?

People with low incomes and job seekers are less interested and active in politics than people above the at-risk-of-poverty threshold and the working population. Compared to other European democracies, Germany has slightly above-average levels of inequality of political participation. Data from the Socio-Economic Panel Study (SOEP) suggest that this inequality has followed an upward trend over the ...

Ganzes Heft

Structural Shift in Global Natural Gas Markets: Demand Boom in Asia, Supply Shock in the US

The significance of natural gas is on the rise due to the restructuring and decarbonization of energy systems worldwide. Natural gas is widely available and flexible as it can be used in electricity generation, manufacturing, transport, and private households. Compared to other fossil fuels, natural gas produces relatively low carbon dioxide emissions during combustion. For this reason, the natural ...

Settling TARGET Balances after the Euro Crisis: Seven Questions to Claudia Lambert and Philipp König

TARGET Balances - An Anchor of Stability

The debate about TARGET2, the payment system of the European System of Central Banks (ESCB), has resulted in controversial discussions in Germany in recent years. The present study by DIW Berlin concludes that fears often expressed in this context of the risks to Germany are largely unfounded. Germany is - in contrast to what is often claimed - one the beneficiaries of the Target system. In particular, ...