The ZEW Indicator of Economic Sentiment for Germany has increased substantially in November 2016. The index has improved by 7.6 points compared to October, now standing at 13.8 points (long-term average: 24.0 points). "The ZEW Indicator of Economic Sentiment has increased the fourth time in a row – not least due to the positive economic figures seen in the US and China. The renewed increase is indicative of a stronger economic growth in the coming six months. The election of Donald Trump as US President and the resulting political and economic uncertainties, however, have made an impact. After the election, the economic sentiment has been less positive than before," comments ZEW President Professor Achim Wambach.
Republican Party nominee Donald Trump has won the election of the 45th President of the United States. The President of the Centre for European Economic Research (ZEW), Professor Achim Wambach, PhD, comments on the result of the U.S. Presidential Election.
Since 2009, Europe has been suffering from the euro crisis and its aftermath. Currently, there seems to be no political solution in sight. In order to tackle this issue and find a way out of the crisis, Professor Markus K. Brunnermeier from Princeton University proposes to introduce so-called European Safe Bonds (ESBies). In his speech, which he delivered as part of the lecture series "First-Hand Information on Economic Policy" at the Centre for European Economic Research (ZEW) on October 4, 2016, Markus K. Brunnmeier outlined his approach to saving the eurozone from the crisis that has gripped Europe since 2009.
The Centre for European Economic Research (ZEW), the University of International Business and Economics (UIBE) and the Alexander von Humboldt Foundation jointly organised this year's Beijing Humboldt Forum in the Chinese capital on September 17–18, 2016. As part of the forum, ZEW organised a session on "The Digitization of the Economy." During the session, ZEW researchers Professor Irene Bertschek and Dr. Fabienne Rasel engaged in a discussion with international guests regarding developments, implications and changes resulting from Industry 4.0 and the digitization of the economy.
French and German members of parliament (MPs) are both open to granting more competencies to the EU in the fields of defence and immigration policy. There is, however, considerable disagreement on certain reform proposals for the eurozone. While the French politicians support the adoption of a joint liability scheme in form of Eurobonds and a common European Monetary Union unemployment insurance (EMU-UI), German representatives are opposing these proposals. MPs from both countries agree, however, that higher investments by Member States may serve as an instrument to spur growth in the eurozone. These are the findings of a study by the Centre for European Economic Research (ZEW), which will be presented in Brussels today.
Foreign Trade RisksThe Consequences of BrexitWith regard to the manufacturing industry, Brexit carries the greatest foreign trade risk for the pharmaceutical sector, with a risk value of 0.92.
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0,92
Monthly number
Foreign Trade RisksThe Consequences of BrexitWith regard to the manufacturing industry, Brexit carries the greatest foreign trade risk for the pharmaceutical sector, with a risk value of 0.92.
Read More