Economy

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Publication : Competition is a driver for innovation in Germany

The Corona pandemic is hitting the German economy hard. In many crisis-ridden sectors, there is a threat of market power being concentrated in a few companies. And this will have consequences for Germany as a location for innovation.

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Asia Policy Brief: China’s footprint in Central Asia

European thought traditionally imagines Central Asia as a remote and disconnected “hinterland”. It is no less of a cliché, but it would be more useful to think of the region as a Eurasian core. “Great game” metaphors neglect Central Asian agency, but the geographical centrality of the region and competition between great powers do imbue Central Asia with greater relevance. The EU has designated China as an “economic competitor” and a “systemic rival” (as well as a partner). If the new “geopolitical Commission” truly wants to mitigate Beijing’s influence, Central Asia, where actors welcome balancing forces, is a good place to exercise its nascent geopolitical muscle.

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Event: Virtual #BarTalk on the Stability of the European Banking System in the corona crisis

For the first time, the latest instalment of the #BarTalk series took place online. The event was organized as part of "Repair and Prepare: Strengthening Europe", a joint project of the Bertelsmann Stiftung and the Jacques Delors Centre. 14 experts on banking and financial markets discussed the impact of the corona crisis on the stability of the European banking system.

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Study: ECB policy spurred economic reforms in euro area countries

The European Central Bank (ECB) has repeatedly been the focus of debate: The background are low interest rates, bond purchase programmes and other unusual measures. However, our new study shows that the ECB's monetary policy during the euro crisis has not only helped stabilise the common currency but also led to more structural reforms.

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German EU Presidency: Coronavirus Challenges Focus on Climate

Action on climate change was long slated as a priority for Germany’s six-month presidency of the European Union which starts in July. As European nations struggle to deal with the impact of the COVID-19 pandemic, is Germany really going to maintain momentum on climate?

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Event: Beyond GDP: What counts for economic & social performance? Understanding different daily life challenges of Europeans

The Covid-19 pandemic has posed major challenges for Europe and shed new light on some areas of daily life. What is really important to us? Are people in systemic professions adequately paid? Can we currently think about sustainability and digitisation, or is it primarily important to preserve jobs and economic power? In a virtual conference organised by the "Europe's Future" programme and the OECD-hosted "High Level Expert Group on the Measurement of Economic Performance and Social Progress" (HLEG), members of the HLEG and other experts came together to discuss well-being indicators and their relevance in the crisis. Amongst others, Nobel Laureate Stiglitz and State Secretaries Schmidt and Kastrop participated. 200 attendees from all over the world followed the event.

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Study: Stability of European banks: the fortune of the European banking system depends on the upcoming economic recovery

Covid-19 has put a huge burden on the economy. So far banks have weathered the storm. But will they withstand a prolonged economic downturn, or will they end up worse than after the Great Financial Crisis? A new study by the Bertelsmann Stiftung in cooperation with the Jacques Delors Centre investigates the stability of banking systems in the euro zone.

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Web-Meeting: What do we need a World Trade Organization for?

The WTO is the bedrock of the global trading system. Yet it is increasingly in need of reform. In this web-meeting, we will discuss with Ignacio Garcia Bercero, Chad Down and Elvire Fabry how to take the WTO forward.

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Study: USA still patent Superpower – But China is catching up fast

The international balance of power in innovation is shifting. When it comes to world-class patents in important cutting-edge technologies, the United States still occupies the leading position in almost every field. But China is catching up fast or has already overtaken the United States in some areas thanks to its much greater dynamic. This is the central finding of our new study on the development of national and regional portfolios of patents in cutting-edge technologies since 2000.