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  Newsletter May 2014
Featured Paper From the Editor Economic Indicators
The Original 
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  Featured Paper

One ring to rule them all

UN Security Council: Vetoing Change

They not only won a war: the WWII victorious powers (plus France, not exactly victorious) also won the right to veto whatever resolution they found distasteful in the United Nations Security Council, the intergovernmental body that was set up to prevent the recurrence of such conflicts. Seven decades on, we still see the US, Russia and China vetoing anything deemed to affect their particular interests. New CESifo research appraises the equity and efficiency of the current structural reform proposals, which are celebrating twenty years of deliberations. A key aspect of their analysis is a computer simulation spanning 100,000 years. They will need them.

Other CESifo Working Papers
Working Paper Submission Form

  The Original Sinn

Time to call Super Mario?

The Undead Crisis

Watch out: the euro crisis is only pretending to be dead. According to Hans-Werner Sinn, it will rear its head once more to rob leaders, and taxpayers, of their sleep. It is just about to enter its seventh stage.

   Economic Indicators

Shot by the Ukrainian missile

Ifo Business Climate Index Dips

The Ifo Business Climate Index for industry and trade in Germany fell to 110.4 points in May from 111.2 points last month. The Ukraine crisis seems to finally have registered with companies: their assessments of the current business situation are no longer as favourable as in April, and they are also less optimistic about future business developments.

Other Economic Indicators:
Ifo World Economic Climate Deteriorates Marginally
German Companies More Cautious About Recruiting
Ifo Business Climate Index for Eastern Germany Falls Slightly

   From the Editor

It's all about money

Unhappy Union

True: this is not a CESifo book. But for everyone who'd always wished the Charlemagne column in The Economist were as long as a book, and for a non-academic, Economist-style analysis of the euro crisis, this is your book. Written by John Peet, the Economist's Europe Editor and a long-time chairman of Munich Economic Summit discussions, and Anton La Guardia, the Charlemagne columnist, it is a clear-headed romp from before the euro was introduced to today and beyond. Check it out.

  The Chart

Wind Candy

This is no candy wrapper. It is what the world map looks like if you size countries according to the number of windfarms they have. In other words, according to their commitment to wind energy. Denmark becomes a world giant, as do Germany, France and Spain, while Latin America looks like a dried acorn and Russia becomes a mere stroke on the canvas. And Africa ... hey, where did it go? Did someone cut it out?

  Forthcoming Events

Gone with the wind

Germany's Energy Transformation: A Blueprint for the World?

The upcoming Munich Seminar, to be held on June 30 by Hans-Wilhelm Schiffer, World Energy Resources Chairman, World Energy Council, will analyse the goals and effects of the German drive for energy transformation and will discuss these within the framework of the European energy and climate policy.

Other Forthcoming Events:
Ifo Annual Meeting 2014

   People

Faces of the Month

Guests and Locals

The CESifo Group is hosting a number of scholars during June and July. See what they are working on and get to know their research focus and other aspects of interest.


   Ifo News

New honeycomb for the data-hungry

New Database on Energy and Commodities

The Ifo Institute is compiling a new database on energy and commodities. The Resources Database offers both researchers and interested members of the general public an overview of estimated available and extractable deposits of fossil fuels, as well as trends in renewable energy.

Other Ifo News:
More Nursery Places Lead to More Births
Minimum Wage Forces Many "Mini-jobbers" to Review Working Hours
German Companies Enjoy Increasingly Easy Access to Bank Loans
Ukraine Crisis Unsettles German Manufacturers

   Publications of Interest

 

The Most Beneficial Sort of Capital

If you are natural-resource poor, how do you achieve prosperity? By building up your human capital. Just think Singapore or Switzerland. The latest issue of CESifo Economic Studies is devoted to the foundational stone of human capital formation: families and children. With six articles by specialist scholars, it explores sex differences in employment for parents of your children, the role of public investment and family planning programmes, universal childcare, relations between childhood shocks and adult health, and the importance of difference skills on performance.

Other Publications of Interest:
Read the review of CESifo-MIT Press book Lessons from the Economics of Crime on the LSE Review of Books
CESifo Forum
CESifo DICE Report
CESifo World Economic Survey
CESifo Working Papers

  Bulletin Board

 

News and things of interest to CESifo Network members

This is the outlet for CESifo Network members to post conferences, job openings, professional announcements and other things of interest to fellow Network members and other interested parties. Check out what is on offer this month. For new postings, please contact Ines Gross.


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All texts are the responsibility of the editor and do not necessarily represent the opinion of Ifo, CES or CESifo, or of the researchers mentioned
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Editor: Julio C. Saavedra
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