Macroeconomic effects of TAFTA/TTIP
Abstract: According to a purely macroeconomic perspective, a comprehensive free trade agreement between the US and EU is beneficial for both parties. Although different model calculations arrive at different quantitative conclusions, all calculations share the assessment that TAFTA | TTIP will increase real gross domestic product and employment both in the US […]
Transatlantic Free Trade: Economic Winners and Losers
The following post was written by Thieß Petersen, Ulrich Schoof and Samuel George from the Bertelsmann Stiftung’s Global Economic Dynamics team. At the G8 summit in Dublin in June 2013, the world’s most powerful leaders decided to begin negotiations on the Transatlantic Trade and Investment Partnership (TTIP). For at least […]
Greece’s Withdrawal from the Eurozone Could Cause Global Economic Crisis
Bertelsmann Foundation warns of extensive domino effects Greece’s exit from the Euro bears the risk of kindling a wildfire throughout Europe and possibly even on an international level and may result in a worldwide economic crisis. Countries affected would include not only Southern European nations or EU members, but also […]
Demography: Driver of Innovation
Ageing populations is a global trend that is of utter importance for developed regions like Europe. However, other regions like Africa or South America will have older populations in the upcoming decades as well. One of the most important questions for ageing societies all over the world is: can we […]
Are New Rules Working for Debt-Laden Europe?
Is a flat cap on sovereign debt percentage a smart way to go? In times of austerity it might seem so, but a more flexible and case-by-case approach could bring massive benefits in terms of growth for the European Union as a whole.