The European Central Bank (ECB) recently announced its willingness to do whatever is needed to save the euro. This has raised the question whether such a role of the ECB must lead to higher rates of infl ation. Under current recessive macroeconomic conditions in the eurozone, the ECB’s...

Among the EU member states, increasing immigration has led to a recent debate over changes to European refugee and migration policies. The desire among the poor to escape from a hopeless economic and social situation in their home countries is the most common impetus for their migration. As the...

The European Central Bank (ECB) recently announced its willingness to do whatever is needed to save the euro. This has raised the question whether such a role of the ECB must lead to higher rates of inflation. Under current recessive macroeconomic conditions in the eurozone, the ECB’s...

Forschungs- und wissensintensive Wirtschaftszweige tragen zunehmend zu Wertschöpfung und Beschäftigung bei. Unterschiede im Wirtschaftswachstum zwischen Industrieländern erklären sich fast vollständig durch technischen Fortschritt. Gerade für ein rohstoffarmes Land wie Deutschland ist die...