Das Konjunkturbarometer des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin) verbleibt im April unter der 100-Punkte-Marke, die für ein durchschnittliches Wachstum der deutschen Wirtschaft steht. Damit dürfte die Wirtschaftsleistung im laufenden zweiten Quartal um 0,3 Prozent zunehmen. „Die Schwächephase der deutschen Wirtschaft hält an, bedenkliche Einbrüche zeichnen sich allerdings nicht ab“, sagt DIW-Konjunkturchef Claus Michelsen. Die Binnenwirtschaft ist nach wie vor intakt und wird es auch bleiben – nicht zuletzt, weil die Beschäftigung in Deutschland nach wie vor steigt. Belastet wird die Entwicklung in erster Linie durch die schwächelnde Weltkonjunktur, die vor allem die deutsche Exportindustrie zu spüren bekommt.
In the run-up to the European elections in May 2019, the European Commission is trying to advance the initiatives laid out in its action plan for a European Capital Markets Union (CMU). In order to diversify financing sources and to increase private risk sharing, the CMU aims at deepening the integration of European equity and debt markets. While there are benefits associated with more cross-border investments, the intensification of connectedness between financial market participants in the Eurozone and beyond can also engender systemic risks. This article reviews the debate about the link between capital market integration and financial stability from the perspective of interconnectedness.
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Graduating high school art students from Bahrain, Saudi Arabia, Palestine, India, Ireland, Australia, United Kingdom and the United States, donated artwork to an IPI MENA “Youth in Art for Peace” exhibition organized in collaboration with Saudi Artist Wedad Al Bakr, Founder of Artwed and peace advocate.
In his opening remarks, IPI MENA Director Nejib Friji stressed IPI’s vision for youth in peacemaking and multilateral policymaking. He called for greater involvement of youth in leadership positions for innovation in the field of peacemaking, and as a deterrence against growing dissatisfaction, violence, and extremism among youth.
Ms. Al Bakr outlined art as a means of intercultural communication, as well a tool for promoting inclusivity, tolerance, and peace. Noting the diversity of youth who convened at IPI MENA as a testament to the unifying power of art, she called on the young artists to build bridges and cultural connections in advocating for peace.
H.E. Selim Ghariani, Ambassador of the Republic of Tunisia to the Kingdom of Bahrain, remarked that “it is important to devote time to the initiatives of youth and peace.” He expressed a desire to see concerned players at the regional and international level adopt this initiative and showcase youth artwork.
Noting the “high density of artists, art movements and galleries in Manama” H.E. Kai Boeckmann, the Ambassador of Republic of Germany to the Kingdom of Bahrain discussed the potential for youth in art in the Kingdom, saying, “I welcome the voices of youth, especially speaking on issues such as environmental sustainability and peace, as these are issues that we must tackle together as an international community.”
H.E. Kemal Demirciler, Ambassador of the Republic of Turkey to the Kingdom of Bahrain, praised the youth for actively taking up their roles as peace advocates.
The young artists then gave statements on their works, how they were inspired to create them, and what peace means in their artwork.
During the student presentations, Majd Sattam Algosaibi of Ibn Khuldoon School (IKNS) showcased her acrylic painting “Ummah.” Discussing the community’s role in fostering inclusivity, tolerance, and understanding, she hopes to portray in her work “that no one is superior to another and no one deserves more because of authority or race.”
Describing his acrylic painting “Pure Youth,” Hamza Rahma of IKNS School explained that his subject symbolizes the trauma and suffering experienced by children in war and conflict zones. He hoped his audience would assess the sensations and effects of war and thus be inspired to work towards peace.
Stirred by “the Palestinian/Israeli conflict, inequality, stereotypes and war” Juman Al Ghalayini of IKNS School entitled her artwork “Salam” (which means “peace” in Arabic) with the aim to increase awareness. She purposefully detached the letters of the word “salam” in her Arabic calligraphy to symbolize the unachieved peace today. However, she contrasted this negativity through the use of brightly colored, dried flowers as a sign of hope for sustainable peace.
Ahmed Dadabai of Riffa Views International School stated art as a means of storytelling, and a way for him to express peaceful perspectives on the world. His piece depicted Islamic symbols showing “religion as a force of calmness and light, in contrast to its common representation in some media.”
Hana Aysha Noor of Ibn Al Haytham Islamic School focused on discrimination as an obstacle to sustainable peace. She highlighted the role that Nelson Mandela, played in challenging hatred, building understanding and tolerance; core values of durable peace.
Created through a collaboration of six student artists from St. Christopher’s School, the layered and multi-technique artwork “Peace in Sight” depicted the word peace in many languages, including braille. The piece symbolizes the use of art as a communicative tool, often expressing more than words, stated the artists.
Following decades of war, economic decline, and underinvestment, Sudan’s healthcare system entered a new phase of crisis in 2019 as peaceful protests led to the ouster of President Omar al-Bashir. Among those leading these protests were doctors and other medical personnel fed up with poor working conditions and medicine shortages. This speaks to the degraded state of healthcare in the country, particularly in the conflict-affected regions of Darfur, South Kordofan, and Blue Nile.
This paper looks at the humanitarian response to health-related needs in these conflict-affected parts of Sudan. After providing an overview of the state of Sudan’s healthcare system, it explores the main trends and challenges in the humanitarian health response, including the difficult partnerships between international and Sudanese health actors, restricted humanitarian access, and the effort to shift toward more sustainable approaches.
It concludes that the humanitarian health response in Sudan is stuck: most agree on the need to move beyond short-term approaches, but the national capacity and development funding needed to make this transition are missing. At the same time, with newly accessible areas exposing unmet needs and conflict and displacement ongoing, a robust humanitarian response is still desperately needed. This situation calls for the UN, donors, and health NGOs to continue their efforts to respond to needs while strengthening the healthcare system, to coordinate humanitarian and development funding, and to advocate for maintaining and extending humanitarian access.
Am 1. Mai jährt sich die Osterweiterung der Europäischen Union im Jahr 2004 zum 15. Mal. Zu den Effekten der Erweiterung auf den deutschen Arbeitsmarkt und zu Handlungsbedarfen in der Zukunft äußert sich Marius Clemens, wissenschaftlicher Mitarbeiter in der Abteilung Konjunkturpolitik des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin):
15 Jahre nach der EU-Osterweiterung ist klar, dass sich die Ängste vor einem Ansturm von Niedriglohn-Arbeitskräften aus Osteuropa und vor einem Wegfall von Arbeitsplätzen hierzulande insgesamt nicht bewahrheitet haben. Im Gegenteil: Deutschland hat wirtschaftlich von den neuen Möglichkeiten sogar profitiert, denn viele Unternehmen haben zuletzt immer händeringender Arbeitskräfte gesucht. Ohne Zuwanderung aus anderen EU-Ländern – und eben auch aus den östlichen – wäre der Daueraufschwung der deutschen Wirtschaft in den vergangenen Jahren nicht möglich gewesen. Das Beispiel der EU-Osterweiterung zeigt, dass man Zuwanderung mit einer gezielten Migrationspolitik in die richtigen Bahnen lenken kann. Dies wird künftig noch wichtiger werden, da der Arbeitsmarkt in Deutschland nicht nur in konjunkturellen Hochphasen, sondern aufgrund des demografischen Wandels immer mehr grundsätzlich von Zuwanderung abhängig sein dürfte. Da dies in unseren Nachbarländern nicht anders ist, wird der Wettbewerb vor allem um die klugen Köpfe künftig noch härter werden. Der deutsche Arbeitsmarkt sollte daher stärker auch für Personen aus Drittländern geöffnet werden. Nötig ist ein konkretes Einwanderungsgesetz mit klaren und transparenten Kriterien, die sich an den Bedürfnissen des Arbeitsmarktes orientieren.Die Fusion von Deutscher Bank und Commerzbank ist vom Tisch. Dazu eine Einschätzung der Ökonomin Franziska Bremus, wissenschaftliche Mitarbeiterin der Abteilung Makroökonomie am Deutschen Institut für Wirtschaftsforschung (DIW Berlin):
Nicht nur aus Sicht der Beschäftigten und Investoren gibt es gute Gründe gegen einen Zusammenschluss von Deutscher Bank und Commerzbank. Auch aus gesamtwirtschaftlicher Perspektive birgt die Schaffung eines „nationalen Bankenchampions“ Risiken. Denn wenn zwei heimische Banken zu einer komplexen nationalen Großbank fusionieren, wird die Verbindung zwischen Banken und Staat enger. Statt auf den Zusammenschluss großer heimischer Finanzinstitute hinzuwirken, sollte die Politik vielmehr rechtliche und institutionelle Hindernisse für eine grenzüberschreitende Konsolidierung des europäischen Bankensektors identifizieren und abbauen. Bankenfusionen über Ländergrenzen hinweg können unter anderem die Bankenlandschaft stabilisieren, weil Gewinne und Verluste breiter gestreut werden und die gegenseitige Abhängigkeit von Banken und ihren Heimatstaaten sinkt.Central bank intervention in foreign exchange markets is a common tool to influence exchange rates. Although central bankers are convinced of their policy’s effectiveness, econometric estimates of precise effects differ across studies. The difficulties with estimations mostly result from a lack of adequate data. This article highlights different econometric approaches that aim to mitigate estimation problems. Techniques comprise control and matching approaches, event studies, as well as the use and imputation of high-frequency data. Their comparison reveals a trade-off between clear identification of the effect and establishing its validity over a sustained period.