1. 31.03.2022 · ZEW (fhe/sel)
    Research
    Coronavirus | Public Budget | state subsidies | Germany | Europe
    Picture of a written board on a sidewalk.

    As the COVID-19 crisis slowly abates, the EU Member States are now confronted with a new economic crisis as a result of the war in Ukraine. The rapid succession of crises reinforces the need to respond with highly targeted and temporary aid measures to avoid wasting public resources and preserve fiscal buffers. Against this background, a new study by ZEW Mannheim for the European Parliament has examined which Member States have pursued insufficiently targeted policy measures to cushion the pandemic crisis over the past two years and have remained in crisis mode for too long despite economic recovery. Italy, France and Greece in particular have been too slow in scaling down their aid measures. In the case of Germany, the study criticises in particular that the government has adhered to the very generous short-time work rules for too long.

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  2. 25.03.2022 · ZEW (awh)
    Comment
    Digitisation | Regulation | Data protection

    Late on Thursday evening, the relevant European institutions agreed on new rules for the digital world. The Digital Markets Act (DMA) bans harmful business practices of large digital players that act as ‘gatekeepers’ and imposes others on them. For example, user data from different services may no longer be combined for advertising purposes without explicit consent, and messenger services on these large platforms must be compatible with other messenger services. Professor Achim Wambach, president of ZEW Mannheim, explains:

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  3. 23.03.2022 · ZEW (lgi)
    Comment
    Procurement | Bundeswehr
    ZEW Economist Leonardo Maria Giuffrida: Organizing Armed Forces Procurement More Efficiently.

    The German government has agreed that the German Armed Forces must be modernised quickly to fulfil both its NATO and legal obligations. Accordingly, the German Bundestag provided additional funds worth 100 billion euros solely to be spent on military equipment and assets. Minister of Defence Christine Lambrecht has made out two bottlenecks in that regard: mandatory EU-wide tenders are time-consuming and internal procurement processes are too bureaucratic. ZEW procurement specialist Leonardo Maria Giuffrida, head of the ZEW Junior Research Group “Public Procurement" advises:

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  4. 23.03.2022 · ZEW (cra/rha)
    Research
    Artificial intelligence | Start-Up | Germany
    Figure showing the number of AI startups in Germany.

    Start-up activity in the field of artificial intelligence in Germany has been very dynamic over the past decade. The years 2014 to 2018 saw a veritable start-up boom with annual figures rising from 250 newly founded companies to over 450. AI start-ups have a high probability of survival in the market and are characterised by strong growth in employee numbers, as a comprehensive stocktaking of the AI landscape by ZEW Mannheim shows. “The high dynamics and the good performance of AI start-ups illustrate that artificial intelligence is an important growth field with a lot of room for development for newly founded companies,” says ZEW economist Dr. Christian Rammer from ZEW’s Research Department “Economics of Innovation and Industrial Dynamics”.

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  5. 21.03.2022 · ZEW (msc/thc/rha)
    Research
    Ukrainians | Russia | Germany | Europe | Money and Financial Markets | Sanction
    ZEW special survey shows that sanctions against Russia are having an effect.

    In response to Russia’s invasion of Ukraine – which is a violation of international law – the EU and Germany have imposed comprehensive sanction measures. The sanctions are designed to put pressure on the Russian economy and thus dissuade Putin from continuing the war. According to a survey of financial market experts conducted by ZEW in March 2022, amongst the enacted measures, the sanctions imposed on the Russian central bank and the exclusion of Russian banks from the SWIFT payment system are likely to have the most severe impacts on the Russian economy. However, these measures are also expected to have limited negative repercussions for the economy of the eurozone. The main impacts to the eurozone will be higher inflation and – to a lesser extent – lower GDP growth. Nevertheless, the sanctions are unlikely to motivate a change in the interest rate policy of the European Central Bank (ECB).

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  6. 15.03.2022 · ZEW (msc/fbr/thc/sel)
    ZEW Indicator of Economic Sentiment
    ZEW Indicator of Economic Sentiment | ZEW Financial Market Survey | Cyclical indicator | Short-term forecast | Business survey | Business cycle research | Germany | Europe
     ZEW Indicator of Economic Sentiment for Germany stands at minus 39.3 points

    The ZEW Indicator of Economic Sentiment for Germany fell more sharply than ever before in the March 2022 survey. The indicator plummeted 93.6 points to a current value of minus 39.3 points. This is the biggest drop in expectations since the survey began in December 1991. By comparison, the indicator experienced a decline of 58.2 points at the beginning of the COVID-19 pandemic in March 2020. Expectations are now similarly low as in summer 2019.

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  7. 11.03.2022 · ZEW (srf/ssu/ybr)
    Research
    Ukraine | Migration policy | Psychology | Health and Social Policy
     Illustration of the card overview for psychological care in Ukrainian or Russian language.

    More than two million people have fled from war and violence in Ukraine, especially women and children. They have experienced terrible things in the war and while fleeing, which is why they need not only medical but also psychological help after their arrival in Germany. ZEW researchers have provided an overview based on Google Maps to enable the best possible access to psychological care.

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  8. 10.03.2022 · ZEW (gne)
    Comment
    Migration policy | Integration | War | Ukraine
    Picture of ZEW Economist Guido Neidhöfer.

    Europe is showing unity and solidarity with the refugees of the Ukraine war. In Germany, they are being received quickly and unbureaucratically. However, there are still many unresolved issues. For example, it is not clear how long they will need protection. In the event that they cannot return to their destroyed homeland in the foreseeable future, strategies for successful integration are necessary. Studies by ZEW Mannheim show that the integration of young children can be particularly helpful for the successful integration of the entire family. Guido Neidhöfer, a researcher in ZEW’s “Labour Markets and Human Resources” Department, explains:

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  9. 09.03.2022 · ZEW (ibe/sel)
    Research
    Innovation | Digitisation | Health service | Digital Economy
    Photo of the experts at the EFI Annual Report 2022.

    Today, the Commission of Experts for Research and Innovation (EFI) presented its annual report to Federal Minister of Education and Research, Bettina Stark-Watzinger. The presentation had been postponed due to the current political situation. Professor Irene Bertschek, head of the ZEW Research Department “Digital Economy”, is a member of EFI. One of the core topics addressed in this year’s report is digitalisation in the health care sector. The expert commission points out shortcomings and calls for immediate action.

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  10. 03.03.2022 · ZEW (pab/deg)
    Comment
    Picture of Paul Berbée.

    More than one million people from Ukraine are currently fleeing towards the west. Countless volunteers in Eastern Europe and Germany are organising emergency shelters and relief supplies to provide them with essential goods. Paul Berbée, a researcher of the Junior Research Group “Integration of Migrants and Attitudes Towards the Welfare State (IMES)” at ZEW Mannheim, explains the role of volunteers in supporting refugees.

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