Die Globalisierung — eine umkehrbare Geschichte?

A global labour division with a corresponding exchange in trade has always existed, ultimately for reasons of pragmatism; the volume and structure of this labour division did particularly depend on technical and economic conditions. Today, low haulage makes the division of labour exceedingly intense, supported by the unprecedented reduction of trade barriers in the Post-War period. The latter phenomenon had always been controversial, as impacts of global trade on welfare were, and still are, unequally distributed. The winners seek to secure their advantages, while the losers try to defend themselves against competitors. There are two lessons to be learned from historic experience: On the one hand, that a limitation of global labour division is altogether unfavourable; first, that the costs resulting from an occasional limitation are only acceptable under the premise that the time gained is used for structural reforms that allow the return to the global division of labour. A permanent exit from global economy, however, has (thus far) never turned out to be successful.     

Verlierer(-regionen) der Globalisierung in Deutschland: Wer? Warum? Was tun?

We describe the impact of globalisation across West German regional labour markets. The main losers are the Ruhr area, the Palatinate and Upper Franconia. The main winning regions are located mainly in Bavaria and Swabonia. The German manufacturing sector at large has gained from rising trade exposure to China and Eastern Europe. This is in sharp contrast to the experience of the United States and some European countries. The German experience could be one reason why the political discussion in this country is less prone towards trade protectionism than elsewhere. But policymakers should take the compensation of losers from globalisation more seriously than in the past.     

Kundensegmente und Preisbereitschaften für Premiumautomobile — Eine Studie

Der Automobilmarkt ist international durch eine hohe Preisdynamik gepr?gt. Premiummarken stehen vor der Herausforderung, Markenführung mit hoher Preiswertstabilit?t und kundenseitigen Preiserwartungen in Einklang zu bringen. Die Studie prüft in diesem Zusammenhang die Hypothese eines globalen Markenpreispremiums auf der Basis von realen Kundendaten. Die Ergebnisse legen nahe, dass auch für starke Marken markt- und kundengruppenspezifische Unterschiede in der Preispremiumbereitschaft existieren.     

Globalisierung von Forschung und Entwicklung der weltweit forschungsstärksten Unternehmen

Wirtschaftsdienst - Mit Patentdaten der weltweit forschungsstärksten Unternehmen lassen sich Informationen über die regionale und technologische Verteilung ihrer...     

Eine kleine Politische Ökonomie der Wohnungsmieten und -leerstände in Ostdeutschland

Aktuellen Sch?tzungen zufolge stehen etwa 1 Mio. Mietwohnungen in Ostdeutschland leer, ohne dass die ostdeutschen Wohnungsmieten sinken würden. Vielmehr stagnieren die Mieten weiterhin knapp unterhalb des westdeutschen Niveaus. Nur wenige M?rkte dürften auf ein überschussangebot so unelastisch reagieren wie die ostdeutschen Wohnungsm?rkte. Warum hat der enorme überhang an leerstehenden Wohnungen nicht l?ngst zu einem dramatischen Verfall der Mieten geführt?     

Politeness——the Significant Factor in Life

1. From the perspective of how politeness affects communication According to Leech, communication is a goal-directed activity, during which various different types of goals interact. Therefore, the two interlocutors have to encode other’s acts in the aim of achieving their own goals during the process of a conversation. In order to communicate successfully, the speaker and the listener will observe some principles such as the Cooperative Principle (the CP) and the Politeness Principle (the…     

Eine Investitionsagenda für Deutschland

Wirtschaftsdienst - Der Koalitionsvertrag von Union und SPD enthält erste Schritte in Richtung einer Ausweitung der öffentlichen Investitionen in Bildung und Betreuung, Wohnungsbau und...     

Eine gerechte und aufkommensneutrale Grundsteuerreform?

Wirtschaftsdienst - Nach einer fast 20-jährigen Vorgeschichte hat sich das Bundesverfassungsgericht (BVerfG) mit der Bemessungsgrundlage der Grundsteuer beschäftigt. Dabei geht es um die...     

Korean Business Abroad——Korean business in china

Since China and South Korea established diplomatic ties in 1992, South Korean investment grew rapidly and soon became the main source of foreign capital in China.According to Ministry of Commerce statis- tics,as of the end of 2003,South Korea’s total actual investment in China amounted to 19,688 billion US dollars.Only in the first eight months of 2004,its actual investment in China had reached 4,661 bil- lion US dollars,more than Japan and the United States’ investment flows.     

Dongtai Group——Active Investment in Mainland China

The Dongtai Group,a paper maker for40 years,is now an international trans-industrial group,comprising the paperindustry,plastics processing industry,machinemanufacture,hotels,and also securitiescompanies,real estate companies,investmentcompanies and high-tech industry.It hasestablished more than 20 companies in theUSA,Australia,Japan,Hongkong,Taiwanand mainland China. The group opened its first enterpriseon mainland China--the Fuda Industry Co.Ltd.in 1989 in Xiamen,with an investmentofUS＄ 6 million.The Fuda Company appliesadvanced international techniques andprocesses to design and produce completesets of equipment for making plastic bags,which are paralleled with those made inEurope,the USA and Japan in quality and     

High-tech—industry Flourish in Heze

Heze is a time-honored city in southwestern Shandong province. Heze is the larg- est center in China for the cul- tivation of thenational flowerpeony,after which the Mudan District was named.Over 30 percent of its national income comes from the sale of peony. April is the golden time for peony to flourish its beauty. While the fragrance of peony spreading over households and     

Neue Finanztechnologien — Bankenmarkt in Bewegung

Digitalisation opens new channels for financial transactions. Crowdlending and Digital Advice offer additional opportunities for customers to manage their assets. In the banking market, “FinTechs” are the most notable example of what Schumpeter described as “creative destruction”. They could threaten the existence of established banks. Therefore the banks should use the FinTechs as a testing laboratory for customer behavior and testing ground for a more modern marketing policy. This environment gives rise to concerns that there may develop an unregulated area of shadow banks. But it should be considered that a level playing field has to be ensured and that innovative processes and products are not stalled. A potential advantage of Digital Advice is that consumers can have the possibility to access the relevant information they need to make their financial decisions. Consumers, in turn, are only able to benefit from this advantage if competition between financial service providers leads to a supply of clear and comprehensible information about financial products and an appropriate degree of data security. The rise of Big Data analyses in retail banking allows a more precise estimation of creditworthiness risk as well as a consumer’s willingness-to-pay, propensity to switch and responsiveness to marketing offers. This not only impacts on competition, it represents major challenges for policymakers, authorities and consumers alike.