Statements Kiel Institute experts regularly comment on topical economic policy developments in short statements. Media Information Kiel Institute in the News Subscribe press releases Statement Evergrande's liquidation burdens China but does not trigger an international financial crisis 30.01.2024 Rolf J. Langhammer, trade expert at the Kiel Institute for the World Economy (IfW Kiel), comments on the Hong Kong court decision to dissolve the real estate company Evergrande. Statement Diversifying away from Taiwan by Germany and the EU would entail higher risks 10.01.2024 Dr. Wan-Hsin Liu, expert on China, international trade and investment at the Kiel Institute for the World Economy, comments on the economic policy options for the EU and Germany in light of the upcoming presidential election in Taiwan: © Adobe Stock | jovannig Statement ECB Interest Rate Hikes: Late to Start and Late to Stop? 26.10.2023 Prof. Dr. Moritz Schularick, President of the Kiel Institute for the World Economy comments on today's interest rate decision by the European Central Bank (ECB): Statement Nobel Prize in Economics 2023 for a Pioneering Woman Working with Historical Data 09.10.2023 Kiel Institute President Moritz Schularick comments on the Sveriges Riksbank Prize in Economic Sciences 2023 (Nobel Prize): © stock.adobe.com | Ivan Statement Terror in Israel: Economic consequences depend on oil price development 09.10.2023 Moritz Schularick, President of the Kiel Institute for the World Economy, comments on the possible economic consequences of the terrorist attack in Israel at the weekend: Statement High interest rates expose German growth deficits 27.07.2023 Moritz Schularick, President of the Kiel Institute, comments on the European Central Bank's decision today to raise key interest rates by a further 0.25 basis points: Statement German China strategy relies on EU as counterpole 13.07.2023 Dr. Katrin Kamin, expert on geo-economic issues and deputy director of the Trade Policy Research Center at the Kiel Institute for the World Economy, comments on the German government's China strategy presented today: Statement Russia is financially prepared for longer war—even in case of an oil embargo 04.05.2022 Prof. Dr. Rolf J. Langhammer, trade expert at Kiel Institute, comments on the resilience of the Russian economy against the background of the discussion about an oil embargo: Statement Minimum wage of 12 euros: Risks of job losses increase, poverty unlikely to decline 23.02.2022 Dr. Dominik Groll, labor market expert at the Kiel Institute for the World Economy, comments on the planned increase of the statutory minimum wage in Germany to 12 euros per hour as of October 2022, which is to be approved by the Federal Cabinet today: Statement Decision for Bundesbank chair also suits supporters of loose monetary policy in the short term 20.12.2021 Prof. Dr. Stefan Kooths, Head of Forecasting and Vice President of the Kiel Institute, comments on the appointment of Joachim Nagel as the new President of the Bundesbank: Statement WTO agreement on trade in services is a major success 03.12.2021 Prof. Holger Görg, Ph.D., trade expert and President of the Kiel Institute, on the agreement of 67 World Trade Organization (WTO) member countries on measures that will simplify trade in services: Statement The Climate Pact for South Africa Must Be Followed by Further Pacts for Other Countries 05.11.2021 Climate economist Prof. Dr. Sonja Peterson sees the financial support for South Africa announced at the COP26 climate summit as a first important step in helping countries with large fossil energy resources to transition to renewable energy production. Other support programs should follow if comparable countries are to join in an ambitious international climate policy. Statement Asylum and Migration: The EU Needs to Make More Attractive Offers 15.03.2021 Matthias Lücke, coordinator of the MEDAM project and senior researcher at the Kiel Institute for the World Economy, says on the occasion of the informal video conference of the EU member states’ foreign affairs and home affairs ministers on migration policy: Statement EU risks more refugees from the Middle East 08.03.2021 On the 10th anniversary of war in Syria, the regional humanitarian crisis persists, warns Prof. Dr. Tobias Heidland, Director of the Research Center for International Development at the Kiel Institute for the World Economy. Reassessing the situation of refugees, he adds: Statement New WTO Director General Okonjo-Iweala faces need for substantial reforms 15.02.2021 Prof. Gabriel Felbermayr, president of the Kiel Institute, comments on the imminent appointment of Ngozi Okonjo-Iweala as the Director General of the World Trade Organization (WTO): Statement Brexit Deal Won't End Uncertainty 25.12.2020 Gabriel Felbermayr, President of the Kiel Institute, comments on the Brexit deal: Statement EU Migration Pact: A Promising Approach 24.09.2020 Matthias Lücke, project head of the MEDAM project and senior researcher at the Kiel Institute for the World Economy, comments on the European Commission's New Pact for Asylum and Migration: IMF Statement COVID19: Increase in IMF resources and debt moratorium urgently needed 15.04.2020 In order to counter a global payment crisis triggered by the corona pandemic, Kiel Institute experts Rolf J. Langhammer and Christoph Trebesch call for a rapid and drastic increase in the funds of the International Monetary Fund (IMF) from USD 1 to 2 trillion. The announced debt moratorium for developing countries must be extended and China and private creditors must also be involved. A UN resolution should protect poorer countries from creditor suits. Statement Situation at the Turkish-Greek border: "Renew the refugee agreement with Turkey now" 02.03.2020 Prof. Dr. Matthias Lücke, migration expert at Kiel Institute and coordinator of the Mercator Dialogue on Asylum and Migration (MEDAM), comments on the emergency at the Turkish-Greek border: Statement Brexit: “EU must make every effort to keep Britain in the single market” 31.01.2020 Kiel Institute President Gabriel Felbermayr considers the timetable for a free trade agreement between the EU and Great Britain to be unrealistic. In the event of a no deal, he said, the EU would have much to lose, especially its negotiating power on the international stage. Statement Brexit "Germany loses an important ally" 13.12.2019 Professor Gabriel Felbermayr, President of the Kiel Institue for the World Economy, comments on the outcome of the UK elections. Statement Nobel Prize in Economics 2019 "Innovative theory and new concepts" 14.10.2019 Kiel Institute President Gabriel Felbermayr comments on the Nobel Prize in Economics 2019. Statement EU integration is becoming more difficult 27.05.2019 Kiel Institute President Gabriel Felbermayr sees polarisation within the EU as a warning signal. Statement Gabriel Felbermayr: "Customs threat not very credible" 06.05.2019 Kiel Institute President Gabriel Felbermayr considers US President Trump's recent tariff threat to be a bluff and refers to calculations on the consequences of the trade dispute, according to which the USA would have to accept welfare losses of up to 9.5 billion US dollars.