Global Economy Gains Momentum – But Germany still Stuck in a Downturn

In 2020, the global economy is likely to benefit from the recent thaw in trade disputes. Germany’s manufacturing sector, however, will recover only slowly. In 2020, the German economy will probably grow at a rate of 1.1%. With an estimated growth rate of 1.3%, production in East Germany will outpace production growth in Germany as a whole.

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IWH hosts award-winning US economist

The renowned Max Planck-Humboldt Research Award 2019 goes to Ufuk Akcigit, Professor of Economics at the University of Chicago. At the IWH, Akcigit aims to use innovative methods to investigate why the economy in eastern Germany is still lagging behind that in western Germany – and what role the privatisation process 30 years ago played in this.

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United by Inequality

How is Germany’s economy faring 30 years after the fall of the Berlin Wall? An IWH publication analyses how the country’s unification has progressed. The study presents many new findings, including on productivity differences between east and west, urban and rural development, as well as the availability of skilled labour.

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IWH leads large scale EU project on productivity

Is productivity growth slowing in industrialised countries? And if so, why? From the start of 2019, the IWH will be addressing these decisive questions as the leading coordinator of a new European research collaboration: MICROPROD is the largest EU project in the history of the institute.

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A new department for IWH

The German Joint Science Conference (GWK) agreed on the expansion of IWH. From 2020 onwards, the institute will receive an additional amount of 1.3 million euros of institutional funds to establish a new department "Laws, Regulations and Factor Markets".

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In 2018 the per capita gross domestic product in Berlin reached only 99% of the pan-German level. It amounted to 146% in 1925.

Press Releases

12.12.2019 • 24/2019

Global economy slowly gains momentum – but Germany still stuck in a downturn

Professor Dr Oliver Holtemöller
Abstract

In 2020, the global economy is likely to benefit from the recent thaw in trade disputes. Germany’s manufacturing sector, however, will recover only slowly. “In 2020, the German economy will probably grow at a rate of 1.1%, and adjusted for the unusually high number of working days the growth rate will only be 0.7%”, says Oliver Holtemöller, head of the Department Macroeconomics and vice president at Halle Institute for Economic Research (IWH). With an estimated growth rate of 1.3%, production in East Germany will outpace total German production growth.

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01.11.2019 • 23/2019

Presseeinladung zur Verleihung des Max-Planck-Humboldt-Forschungspreises und der Max-Planck-Humboldt-Medaille 2019 in Berlin, Akademie der Künste, 5. November 2019 um 17:00 Uhr mit anschließendem Empfang

Abstract

Zum zweiten Mal wird der neugestaltete Max-Planck-Humboldt-Forschungspreis von der Max-Planck-Gesellschaft und der Alexander von Humboldt-Stiftung in Berlin verliehen. Der diesjährige Träger des Preises ist Ufuk Akcigit von der Universität Chicago mit dem Thema: Warum besteht zwischen Ost- und Westdeutschland weiterhin eine wirtschaftliche Kluft?

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09.10.2019 • 22/2019

Presseeinladung zum Workshop: „Strukturwandel auf dem Arbeitsmarkt“ am 17. und 18. Oktober 2019 in Halle (Saale)

Abstract

Digitaler, flexibler, internationaler: Der Arbeitsmarkt ist in vielerlei Hinsicht im Umbruch. Wie dieser Wandel sich auf Regionen, Branchen, Betriebe und Beschäftigte auswirkt, diskutiert eine gemeinsame Veranstaltung des Instituts für Arbeitsmarkt- und Berufsforschung (IAB) und des Leibniz-Instituts für Wirtschaftsforschung Halle (IWH).

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02.10.2019 • 21/2019

Thanks to robust domestic demand, the impact of the manufacturing sector on East Germany is less severe than in the west – Implications of the Autumn 2019 Joint Economic Forecast and official regional data for the eastern German economy

Professor Dr Oliver Holtemöller
Abstract

In its autumn report, the Joint Economic Forecast Project Group states that the German economy has cooled further in the current year. The manufacturing sector is the main reason for the economic weakness. This affects the economy in East Germany as well.

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