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’ ...
In 2016, a fixed gender quota will come into force in Germany, affecting the supervisory boards of listed companies that also have employee representation (full codetermination).1 By as early as September 30, 2015, however, all companies will be obliged to set a self-imposed target quota – even companies that meet just one of these criteria; i.e., either listed or subject to codetermination. A variety ...
The European Union is currently experiencing its largest influx of asylum seekers in years. Yet the distribution of these refugees across the member states is highly uneven: Large countries such as the United Kingdom, France, Italy, and Spain, as well as the Eastern European countries (apart from Hungary), have received relatively few asylum seekers. Far more refugees are headed to Central Europe, ...
The German economy is on track, and will likely grow by 1.8 percent this year; in the coming year, with a slight increase in dynamics, it will grow by 1.9 percent. With these figures DIW Berlin confirms its forecast from this summer. Employment growth continues; the unemployment rate will decrease this year to 6.4 percent, where it will remain in 2016. Due to the sharp drop in oil prices this year, ...
