Germany has recovered well from the global financial and economic crisis. Achieving sustainable growth, however, will require further improvements to the macroeconomic framework. This is a job for policymakers, businesspeople and the public alike. DB Research’s contribution will be to analyse the broad spectrum of issues, discussing possible solutions as well as the economic and political outlook. These range from assessments of economic-policy decisions and analyses of cyclical activity and sector trends right through to the effects of international developments on Germany as a business location.

	1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10

	Date		Title			Size
	14.05.2013		Germans do love tax issues, don’t they? Political camps at loggerheads in slow-motion campaign Abstract:  Germany holds federal elections on September 22. The campaign is still in slow motion. Judging by current polls, the governing coalition is ahead by two to four percentage points but would fail to muster a majority in the next parliament. Nor would the Social Democrats and Greens win together. The most likely outcome is another grand coalition of CDU/CSU and SPD led by the CDU... Topics:  Economic policy; Germany; Key issues; Politics and elections
	14.05.2013		Tax hikes? – Tax cuts? "Softly, softly" is not the worst policy Topics:  Germany			86k
	10.05.2013		Medium-sized enterprises and demographics: Increasing pressure to take action Abstract:  Demographic change has come far as an issue for medium-sized businesses. When it comes to the necessary investments, for example in further training, large family businesses are more advanced than small and medium-sized enterprises. Even though there is no threat of a general deficit in candidates for succession in the foreseeable future, succession arrangements need to be prioritised in many businesses as the number of companies ready for transfer is set to rise. Regardless of whether family succession or an external solution is chosen, transfers are often associated with significant risks. The economic and financial position of the company, the market environment and financial conditions play just as much a role as the motivation, interests and values of those involved. Given the complexity of the transfer and its huge importance in the company's history, experts recommend transfer management in which all the necessary steps are planned and implemented at an early stage. Topics:  Demographics; Economic policy; Economic structure; Germany; Globalisation; Key issues; Labour market; Sectors / commodities; SMEs; Tax policy			795k
	08.05.2013		The Liberals (FDP) – election campaign for another term of the conservative-liberal coalition Abstract:  Over the weekend the FDP approved its manifesto for the federal election campaign. With its positions on economic policy the FDP clearly distances itself from the redistribution focus of SPD and Greens and has dismissed speculation that it might form a coalition with the SPD and Greens (a so-called “traffic-light-coalition”). However, the FDP is not relying on pure market mechanisms, but is also advocating sector-specific and regionally adjusted minimum wages to be more in line with public opinion... Topics:  Economic policy; Germany; Key issues; Politics and elections
	03.05.2013		German holidaymakers remain loyal to southern Europe – with one exception Abstract:  Nearly all the nations of southern Europe were able to welcome more air travellers from Germany in 2012 than in 2005. The tourism sector thus proved to be relatively resistant to the crisis. Of the major holiday destinations in southern Europe only Greece was forced to accept a decline in the number of visitors from Germany during this period. Topics:  Germany; Key issues; Other sectors; Sectors / commodities; Services; Transport			107k
	30.04.2013		Focus Germany: GDP forecast: Uptick in Q1, slippage in Q2 Abstract:  Over the past few days sentiment has brightened considerably in Germany, and there are even signs of euphoria in some places – Munich and Dortmund in particular. But unlike Germany's two Champions League semi-finalists the economic releases of late have been a sobering disappointment following the encouraging data at the start of the year. For this reason we have slightly lifted our forecast for German Q1 GDP growth from 0.1% qoq to 0.3%. At the same time, though, we cut our expectations for Q2 from 0.4% to 0.2%. On balance this leaves the annual average unchanged at 0.3%. Topics:  Business cycle; Cities; Economic growth; Germany; Key issues; Labour market; Macroeconomics; Real econ. trends; Real estate; Residential real estate; Social values / Consumer behaviour; Socio-econ. trends			2520k
	29.04.2013		The Greens: A better SPD? Abstract:  At the weekend the Greens decided nearly unanimously on their manifesto for the federal election, labelled “time for a green change”. Their overall theme is sustainability in ecological, economic and societal terms and what needs to be changed to achieve this. Participation, social justice and fairness are popular goals in Germany and the Greens want to push for them by means of a rigorous but also populist programme... Topics:  Economic policy; Germany; Key issues; Politics and elections
	18.04.2013		German exports virtually immune to yen depreciation Abstract:  In January the Japanese central bank raised its inflation target from 1% to 2%. At his first central bank meeting in April, the new governor surprise BoJ watchers with considerably more aggressive monetary easing than had been expected. This change of monetary regime is seen as a risk for other export nations – notably Germany. However, such concern is only partly justified for Germany. Topics:  Auto industry; Business cycle; Economic growth; Economic policy; Economic trends; Exchange rates; Germany; Globalisation; Intern. relations; Key issues; Macroeconomics; Mechanical engineering; Monetary policy; Real econ. trends; Sectors / commodities; Trade			109k
	17.04.2013		Eurosceptic party Alternative für Deutschland on the rise? Abstract:  The eurosceptic Alternative für Deutschland (AfD) held its official founding assembly in Berlin on April 14. On April 16, the AfD already scored 3% in a first election poll. The sudden rise of the AfD has been accompanied by public attention and media coverage... Topics:  Economic policy; Germany; Key issues; Politics and elections
	16.04.2013		SPD’s party convention amidst unfavourable approval ratings Abstract:  On Sunday the SPD held an extraordinary party convention to adopt its election platform. The convention took place amidst a series of unfavourable survey results for the party and its candidate for chancellor, Peer Steinbrück. According to a survey conducted last Friday, only 27% of the Germans would prefer Steinbrück as chancellor, while Angela Merkel ranks much higher at 63%. Hence, even another majority for the present CDU/CSU and FDP coalition government has become possible again... Topics:  Economic policy; Germany; Key issues; Politics and elections

1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10