Economy

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Fourth Migration Zoom Time : Economic potential of innovative start-ups by migrants in Germany

In June 2021, a virtual event was held to discuss how the economic potential of innovative start-ups by migrants in Germany can be better leveraged.

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Bulgarian Parliamentary Elections: No Majority against Corrupt Elites in Sight

In the second election attempt this year, there is still no sign that anti-corruption or anti-establishment parties will manage to replace the corrupt Bulgarian political elite. Will the EU finally do something to support the corruption-ridden Bulgarians?

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Publication: Carbon needs a price – and proactive economic policy measures

Hardly any topic gets people more riled than the price of gasoline and diesel. A few additional cents at the pump – then tempers flare and the political grandstanding begins. Surging fuel costs are caused by constantly rising carbon prices, which are directly affected by the increasingly ambitious climate policies adopted by many countries and the EU. The Kiel Institute for the World Economy conducted a simulation on behalf of the Bertelsmann Stiftung to see how an increase of $50 per ton of CO2 would affect carbon emissions worldwide, and which long-term income effects would occur in different countries.

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Publication series: A future agenda for more innovative capacity – Innovation for Transformation

Innovation is crucial to prosperity, and to solving the urgent societal problems of our time. However, Germany needs more innovative capacity if it wants to continue to keep pace with other countries and regions across the globe – particularly with regard to cutting-edge technologies. A Bertelsmann Stiftung study examining good practices worldwide shows how fostering innovative capacity to increase competitiveness while advancing societal progress can unlock innovative potential.

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Literature Review - May 2021: Cold War 2.0? Essential Readings on the New Systemic Conflict 05/21

Welcome to the May issue of our literature review on the systemic conflict with China. The EU is developing a new Indo-Pacific strategy and taking a tougher stance on China. The European Commission recently warned of China's "authoritarian shift" and "fundamental divergences" between the EU and China in the areas of business, human rights and global governance. The G7 foreign ministers agreed on a common stance toward an increasingly assertive China. Yet Berlin and Paris continue to give Washington the cold shoulder when it comes to the U.S. administration's efforts to build a unified front against China. This passivity has major implications for transatlantic cooperation not only on China, but also on other issues.While some of its most important allies still hesitate, Washington continues to implement its strategy of "extreme competition" with China. In his first joint address to Congress on April 28, U.S. President Biden spoke out against the forces that threaten democratic values and casted U.S.-China relations as a battle between democracy and autocracy. China continues to adhere to its ambitions to reshape the international order according to its own ideas but is experiencing that its "soft power" is being perceived with increasing skepticism, especially in Europe. In addition, China, for its part, had to learn that it cannot count on automatically converting its growing economic clout into a new geopolitical reality. Notwithstanding this, economic and technological competition continues to accelerate.In its 14th Five-Year Plan, Beijing has mapped out an economic strategy signaling greater protectionism to products not made in China. For its part, the European Commission released new policy proposals addressing economic and strategic challenges posed by China.As usual, I have tried to map the ongoing debate and point out contributions I consider essential readings. Please feel invited to comment on my selection. I look forward to your feedback. Wishing you an interesting read.

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Publication: Europe seen from the stars – How the EU billions are put to work

The EU spends a third of its money on growing structurally weak regions. Does this support reach citizens? Using satellite images, we show that more subsidised municipalities in Germany, Poland and the Czech Republic actually see higher levels of growth. As intangible as the decisions in Brussels may seem, EU action has real-world impact.

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Study: Education and health to combat the labor shortage in the future

The share of the labor force in the population will decline dramatically in the coming decades. This will have serious consequences for the economy and material prosperity in Germany. But education and health are effective levers for mitigating this development. They can get significantly more people into work – and increase average per capita income by up to 3,900 euros.

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Health injustice: White, rich, safe: COVID-19 Exposes Rampant Health System Inequality

The distribution of the coronavirus vaccine around the world is glaringly unjust. But the fight against the pandemic shows that many wealthy countries also have an equity problem within their own borders.

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Literature Review - April 2021: Cold War 2.0? Essential Readings on the New Systemic Conflict 04/21

Welcome to the April issue of our literature review on the systemic conflict with China. EU-China relations have deteriorated dramatically in recent weeks. After the EU imposed sanctions against four Chinese individuals and one entity involved in human rights abuses against the Muslim minorityin Xinjiang on March 22, Beijing responded with retaliatory sanctions targeting ten EU individuals and their family members as well as four entities, including the European Council's Political and Security Committee, the subcommittee on Human Rights of the European Parliament and the think tank MERICS.China's unprecedentedly harsh response has further fueled the debate over how to deal with the People's Republic. Beijing’s retaliatory sanctions have made it unmistakably clear that it is a systemic rival to democracies around the world that will subject liberal values to their greatest test since the early days of the Cold War. Europe must position itself vis-à-vis this strategic rivalry but finds itself lacking a consistent policy. In contrast, the U.S. is in the process of implementing its strategy toward China. Against this backdrop, transatlantic cooperation on China is more important than ever. Early indications are that this collaboration is finally picking up steam. Meanwhile economic and technological competition continues to accelerate. As usual, I have tried to map the ongoing debate and point out contributions I consider essential readings. Please feel invited to comment on my selection. I look forward to your feedback. Wishing you an interesting read.

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Trilogue Salzburg 2021: United in a Fragile World – Defining the Fineline between Progress and Improvement

How can progress be actively created against the backdrop of a multidimensional world? "United in a Fragile World - Defining the Fineline between Progress and Improvement" focusses on the differentiation of both term in order to overcome current challenges and to build a better future.