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  Newsletter June 2014
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  Featured Paper

Baby don't leave me

What Could Possibly Go Wrong

It all looked so promising. Signing Association Agreements between the EU and a number of countries emerging from the former Soviet empire would boost these countries' economies, curb corruption and improve governance and the rule of law, while offering new markets for EU products. But then Putin put his foot down and what could have been a mere choosing between two different economic blocs is tearing Ukraine apart. A new CESifo study asks whether the so-called Eastern Partnership can and should be saved. Sobering reading.

Other CESifo Working Papers
Working Paper Submission Form

  The Original Sinn

May I just step in for a bit?

Careful What You Let In

Despite bogus scares such as chlorinated chicken or antibiotic-infused beef, both the US and the EU stand to gain from the Transatlantic Trade and Investment Partnership currently being negotiated. But be careful about opening the door to unwanted side-effects, warns Hans-Werner Sinn.

   Economic Indicators

But still looking good. Sort of.

Ifo Business Climate Index Stumbles Again

First Ukraine, now Iraq. The seemingly unflappable confidence of German company bosses has been dented a bit by the two most intractable current crises, making the Ifo Business Climate Index fall for the second month in a row. While their assessments of the current business situation remained good, companies were less optimistic about future business developments.

Other Economic Indicators:
Credit Constraint Indicator: Conditions in Germany remain very good
German Companies More Sceptical About Recruiting
Ukraine Conflict Dampens German Business Confidence
Ukraine Crisis Unsettles German Manufacturers
Ifo Architects Survey: Improved Business Climate

   From the Editor

I may have to rethink my diet

Funny World

Sizing countries according to their idiosyncrasies or partiality towards given issues can lead to really strange-looking maps. A wealth of such maps is already out there, produced with solid scientific methods. We indulged in a bit of very unscientific fun to create a couple of maps on topics on which attitudes vary widely across countries. Brave new worlds indeed.

  The Chart

Inflows of Foreign Population

Inflows of Foreign Population

Foreigners at the gates are almost always sure to raise hackles among the locals, even when their country would do well to let many more of them in. Scare stories abound, of newcomers elbowing the natives aside in the job market, abusing welfare and, in short, of being simply too many. A common grumble is why do we have to take in so much more of the huddled masses than, well, everyone else? But, how do countries really compare in terms of letting foreigners in? Check it out.

  Forthcoming Events

Who said economics cannot be romantic

CESifo Venice Summer Institute 2014

It's that time of the year again, when the practitioners of the dismal science decamp to an idyllic island right across from San Marco in Venice to, well, talk about nothing but economics. CESifo's fifteenth Venice Summer Institute, held in co-operation with the Venice International University, will tackle the following issues:

Behavioural Political Economy
The Economics and Political Economy of Energy Subsidies
Demographic Change and Long-Run Development
Regional Mega Deals: New Trends, New Models, New Insights?
Reforming the Public Sector

   People

Faces of the Month

Guests and Locals

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


   Ifo News

Upturn in German Economy

Ifo Economic Forecast 2014/2015: Upturn in German Economy Continues

The German GDP is expected to increase by 2.0% this year and by 2.2% in 2015, driven by domestic demand. Reluctance to invest abroad and low interest rates will fuel construction and capital investments, while private consumption is set to increase at a similar pace as real disposable income. Export growth will accelerate thanks to an improvement in the world economy, with imports growing faster due to the strong expansion of domestic demand.

Other Ifo News:
Eurozone Recovery to Continue
65th Annual Meeting: Safeguarding Prosperity with Energy
Top 40 under 40 Years Old: Professor Niklas Potrafke among Top Talents
Wage Differences between Eastern and Western Germany: New Findings

   Publications of Interest

 

CESifo Journals Now as e-Pubs

All those thrilled by technological advance, rejoice: now you can read CESifo Forum, DICE Report and ifo Schnelldienst on your favourite gadget. (Except the Kindle, for now. But there you are.) Dig out your iSomething and start reading.

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 Economic Studies
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
Published by CESifo GmbH, Poschingerstraße 5, 81679 Munich, Germany
Tel.: +49 (89) 9224-1425, Fax: +49 (89) 9224-1409
Editor: Julio C. Saavedra
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