One of Donald Trump’s most important trade advisors, Peter Navarro, defended the American president’s trade policies some time ago in an article in the Financial Times, making at least one very strong point that went unnoticed in continental Europe. …
Isn’t it amazing that almost at the same time as the future president of the United States is sending blatant threats across the Atlantic regarding Europe’s current account surpluses, the European Commission and the most important national governments in Europe have hardly any other topic on their agenda than improving international competitiveness. …
If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted to only 2.4 per cent last year. …
In our Atlas der Weltwirtschaft 2022/2023 we included a special section dealing with the countries in Eastern Europe that are members of the EU and in some cases even members of EMU. Some of these countries have recorded enormous losses in international competitiveness over the past two decades, …
