This paper evaluates the impact of rising international interest rates on the South Korean economy during the seventies with the help of an econometric macro model. The results show that there was an induced reduction of investment and GDP, yet inflationary pressures were somewhat mitigated by a...

Comparing inflation rates internationally, one finds a number of Latin American countries in the lead. Therefore, when investigating inflation in LDCs, it has become common practice to refer to these countries as prime examples. Mainly two theories have been put forward to explain Latin American...

Die Abscheidung und Lagerung von CO2 wird zunehmend als Option im Rahmen einer Klimaschutzstrategie diskutiert. Wie sicher und wie wirksam ist diese Methode? Ottmar Edenhofer, Brigitte Knopf und Matthias Kalkuhl, Potsdam-Institut für Klimafolgenforschung, Berlin, machen deutlich, dass die...

With its “Compact with Africa”, the German G20 Presidency intends to encourage private institutional and corporate investment, together with the African partners. The objective is to boost growth and jobs, promote inclusion and give people economic perspectives at home so that they do not...