"Foreign markets determine success and failure of those industries that have be-come reliant on foreign demand, impair the demand for employment and invoke changes in occupational fields and qualification requirements. This paper aims to disclose the direct and indirect influence of major...

The state budget crisis in the Eurozone has raised the issue of international trade imbalances prevailing in Europe. Whereas Germany holds a strong trade surplus other neighbouring countries show a deep trade deficit. The result is that some economies in Europe have built-up high debts in order...

The current state budget crisis in the EU and the numerous futile efforts to solve the problem has brought back the fraction of people that argument in favour of an exit strategy of Germany from the ECU or even the break-up of the ECU in total. The path to the ECU was long and mainly politically...

The state budget crisis in the Eurozone has raised the issue of international trade imbalances prevailing in Europe. Whereas Germany holds a strong trade surplus other neighbouring countries show a deep trade deficit. The result is that some economies in Europe have built-up high debts in order...

For many years, empirical research in economics concentrated predominantly on the effectiveness of monetary policy and less on fiscal policy. But developments like the Balance Budget Amendment in the USA, the single currency union in Europe or the world economic crisis in 2009 has raised the...

Gleichwohl die Weltwirtschaftskrise den Ruf nach mehr Protektionismus verstärkt hat, sind weiterhin eine zunehmende Integration des Welthandels und eine fortschreitende Globalisierung zu beobachten: Neue Handelspartner treten auf, etablierte Partner verlieren an Bedeutung, andere wiederum...

The current state budget crisis in the EU and the numerous futile efforts to solve the problem has brought back the fraction of people that argument in favour of an exit strategy of Germany from the European monetary union (EMU) or even the break-up of the EMU in total. This paper investigates...