The global economy is stalling. Global production increased by only 3.3 percent last year—the lowest growth rate since the financial crisis—and is expected to rise by only 3.3 percent in 2016 as well, which is lower than originally predicted. The reason for the sluggish growth lies primarily in the changes taking place in the emerging countries: the Chinese economy continues to lose momentum, and low ...
As far as the share of individuals with a home office is concerned, Germany is below the EU average and lags considerably behind other countries such as France, the UK, or the Scandinavian countries. Only 12 percent of all employees in Germany work primarily or occasionally from home, although this would theoretically be possible in 40 percent of jobs. In most cases, an employee’s desire to work from ...
In 2015, the share of women in the top decision-making bodies of the financial sector increased once again but men remain in the overwhelming majority and thus continue to call the shots. At the end of 2015, women made up just under eight percent of executive board members of the 100 largest banks in Germany. The corresponding figure for the 59 largest insurance companies was a good nine percent. In ...
Germany’s large corporations still have a long way to go before achieving balanced representation of men and women on their boards. At the end of 2015, the share of women on the executive boards of the top 200 companies in Germany was a good six percent, an increase of less than one percentage point over 2014. The share of women on the supervisory boards of these top 200 companies was almost 20 percent ...
The German economy is expected to grow by 1.7 percent this year, and to maintain this pace in 2016 as well. The rate of growth should slow down slightly (to 1.5 percent) in 2017, but only because the number of working days will be lower due to the timing of public holidays. The global economy is growing at a slower pace than it has been in recent years, but will pick up speed during the forecast period. ...
The debate about the massive influx of refugees into Germany often focuses solely on the short-term costs. But while these expenditures are bound to be substantial inthe coming years, the discussion neglects the long-term economic potential of a successful integration of refugees—often, young people—which can transform the initial expenditure into a worthwhile investment. Even if many of the refugees’ ...