Due to Creditor Lawsuits

Debt Crises More Difficult to Resolve

Since the 1980s, creditors have been increasingly successful in suing defaulting countries. The main beneficiaries have been specialized hedge funds.

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Overlapping cover of the Global Solutions Journal Recoupling.

Read it now! The G20/T20 Argentina 2018 special issue of Recoupling. ...

Professor Gabriel Felbermayr has been appointed Professor of Economics at the...

Cargo ship in import export and business logistic, Logistic and transportation of International Container Cargo ship in the open

The economic researchers at the Kiel Institute have revised their forecast...

The Kiel Institute brings together experts from academia and policy consulting who provide the highest quality research, policy recommendations, and analysis on a full range of economic policy issues.

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Rainer Thiele - Institut für Weltwirtschaft (IfW) / Kiel Institute for the World Economy

Britain wants the Brexit and elsewhere anti-European forces on the left and right gain strength. The differences between...

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Research and commentary on economic policy issues in Germany such as taxation, subsidies, the welfare system, demographic...

US-President Donald Trump is standing in front of american flags and talking to an audience. The audience is making pictures.

Our researchers analyze the driving forces behind Trumps success and their impact for society and economy in the US, Europe...

Colorful international flags in a blue sky. — © "International Flags" by Penn State, CC BY-NC-ND 2.0

Young woman who is carrying a basket on her head walks through green fields. — © "Africa’s economy rebounds strongly, but jobs remain elusive" by Africa Renewal, CC BY-NC-SA 2.0

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Colorful, international flags in front of the Kiel Institute. — © IfW Kiel / Michael Stefan

Working Paper

Democracy and Aid Donorship

Kiel Working Papers

09/2018

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Andreas Fuchs , Angelika Müller

Almost half of the world’s states provide bilateral development assistance. While previous research takes the set of donor countries...

Christoph Trebesch

Sovereign defaults are bad news for investors and debtor countries, in particular if a default becomes messy and protracted. Why are...

Wilfried Rickels , Martin Quaas , Kate Ricke ...

Engineering the climate by Solar Radiation Management (SRM) is increasingly considered as a possible scenario for future climate...

Journal Article

Music in the air: estimating the social return to cultural amenities

Journal of Cultural Economics

08/2018

Oliver Falck , Michael Fritsch , Stephan Heblich ...

We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation...

Analysis by Andreas Fuchs et. al. about the chinese Belt and Road Initiative (BRI).

Oped by Dennis Snower, in which he argues to implement a „Digital Freedom Pass“ for users of social networks, to give them full...

George Akerlof und Dennis Snower analyze in their paper the importance of economic narratives.

Oped by Gernot Klepper who argues that the EU palm oil ban could do more harm than good.

In a paper for the EU parliament, Kiel Institute researchers analyze pro and cons of crypto currencies and central bank digital...

Domink Groll expects unemployment continues to fall in Germany.

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