Concerns of a “sale out” of German technology to Chinese foreign investors are based on fears not on facts, says Rolf J. Langhammer, expert for international trade at the Kiel Institute. According to the latest stock data, German investments in manufacturing in China jumped to 15% in 2014. On the other hand, China’s investment in Germany comprised but a tiny share, far less than one percentage point. Read Kiel Institute Focus
The bedrock of support for Donald Trump is well known: white men, discouraged, angry. They want to “make America great again,” by which they mean regaining their sense of agency and power. They are the product of a disastrous American policy failure, writes Dennis Snower, President of the Kiel Institute and American citizen.
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In an era of increasing global insecurity, the election of Donald Trump is another major destabilizing event. But his victory is a democratic decision of the American people and must be accepted as such, comments Dennis J. Snower, President of the Kiel Institute and US citizen, on the US presidential election. Read more...
The personal attacks in the US Presidential election debates could effect a gradual subversion of the liberal principles of tolerance, trust, fairness and civic duty that are not just vital for democracy, but also for the market economy to function, writes Dennis Snower, president of the Kiel Institute, in a Kiel Institute Focus. Read Kiel Institute Focus
Breaking the bank-sovereign nexus is central in order to eliminate financial fragmentation in Europe and would improve stability and efficiency of the European economy. This finding was given to the European Parliament in an advisory mandate from the Kiel Institute. Further initiatives to weaken this link could include exposure limits for government bonds, a carefully designed joint deposit insurance scheme and implementing the envisaged Capital Market Union. Read the full analysis (external website)...
Following the Brexit vote and a tough-talking Theresa May at the Tory Conference, some in Brussels seem inclined to set an exemplary warning. That would be the worst possible response. What we need is a spirit of maximum cooperation that builds bridges for the UK, writes Stefan Kooths, Head of the Kiel Institute Forecasting Center, in a Kiel Institute Focus.
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