Consequences of a Halt in Gas Deliveries for Germany

A halt in Russian gas deliveries would lead to a recession in the German economy. Not all regions would be equally affected.

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From Pandemic to Energy Crisis: Economy and Politics under Permanent Stress

In their spring report, the leading German economic research institutes revise their outlook for this year significantly downward. The recovery from the COVID-19 crisis is slowing down as a result of the war in Ukraine. The institutes expect GDP to increase by 2.7% and 3.1% in 2022 and 2023 respectively. In the event of an immediate interruption to Russian gas supplies, a total of 220 billion euros in German economic output would be at risk.

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Solidarity with Ukraine

The Alliance of Science Organisations in Germany draws consequences for academia.

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Communication instead of conflict – why are female CEOs so interesting for hedge funds

Female CEOs particularly benefit from the intervention of hedge fund activists due to their strong communication and cooperation skills. The value of female-led firms is enhanced more by the intervention of activist investors than that of firms with male CEOs.

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Alone at home: Isolation during the Corona pandemic increases likelihood of selfishness

Experiencing social distancing as a measure against the Corona pandemic led participants in an IWH study to make more selfish decisions. However, a reference to norm-consistent behaviour was able to reduce this effect. Focusing on exemplary behaviour could therefore alleviate the negative social consequences of the lockdown.

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The Halle Spirit

We provide independent research on economic topics that really matter and aim to enrich society with facts and evidence-based insights that facilitate better economic decisions. We focus on growth and productivity because we are convinced that economic prosperity enables people to lead happier lives. We provide young researchers a nurturing place to develop their competencies and to make the most of their skills. Working in flat hierarchies, we are driven by open-minded intellectual curiosity and we have the courage to share inconvenient insights.

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Press Releases

05.05.2022 • 11/2022

IWH-Insolvenztrend: Zahl der Insolvenzen stabilisiert sich im April

Professor Dr Steffen Müller
Abstract

Die Zahl der Insolvenzen von Personen- und Kapitalgesellschaften ist im April nicht weiter angestiegen, zeigt die aktuelle Analyse des Leibniz-Instituts für Wirtschaftsforschung Halle (IWH). Für die nächsten beiden Monate ist nicht mit stark veränderten Insolvenzzahlen zu rechnen.

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26.04.2022 • 10/2022

Regional effects of a recession in Germany triggered by an import stop for Russian gas

Professor Dr Oliver Holtemöller
Abstract

A halt in Russian gas deliveries would lead to a recession in the German economy. Not all regions would be equally affected: The Halle Institute for Economic Research (IWH) expects a significantly stronger slump in economic output in regions where the manufacturing sector has a large weight than elsewhere.

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13.04.2022 • 9/2022

Economy in East Germany will not suffer more from the war in Ukraine than in Germany as a whole – Implications of the Joint Economic Forecast Spring 2022 and new data for the East German economy

Professor Dr Oliver Holtemöller
Abstract

The recovery of the East German economy, like that of Germany as a whole, will weaken considerably due to Russia’s war in Ukraine. However, the economic slump and recovery were not as pronounced as in West Germany. In 2021, East German output grew by 2.3%, less than in Germany as a whole (2.9%). According to the Halle Institute for Economic Research (IWH), GDP growth in East Germany is also likely to be lower than in Germany as a whole in 2022 (2.1% in East Germany vs. 2.7% in Germany) and 2023 (2.5% vs. 3.1%).

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13.04.2022 • 8/2022

From Pandemic to Energy Crisis: Economy and Politics under Permanent Stress

Professor Dr Oliver Holtemöller
Abstract

The German economy is steering through difficult waters and faces the highest inflation rates in decades. In their spring report, the leading German economic research institutes revise their outlook for this year significantly downward. The recovery from the COVID-19 crisis is slowing down as a result of the war in Ukraine, but remains on track. The institutes expect GDP to increase by 2.7% and 3.1% in 2022 and 2023 respectively. In the event of an immediate interruption to Russian gas supplies, a total of 220 billion euros in German economic output would be at risk in both years.

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Veranstaltung
30
May 2022

14:15 - 15:45

IWH Research Seminar

Virtual lecture: Big Techs, QR Code Payments and Financial Inclusion

Leonardo Gambacorta  Bank for International Settlements
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