Numerous parts of the digital world are different from the way things are being used and handled in reality. One of those issues is taxation, which turns out to be rather tricky when it comes to products and services imported from another country, in particular, China. We talked to Prof. Rolf J. Langhammer about what the EU would have to do to solve the problem of VAT fraud.
How important is NATO to the U.S. dollar? While President Trump asks for more contributions from the NATO member states, a retreat from the lead of the alliance could affect the dollar as the global leading currency. Prof. Rolf J. Langhammer explains in our interview what is at stake if NATO’s financial system is restructured, especially with regard to China.
Stefan Kooths, Head of Forecasting Center at the IfW Kiel Institute for the World Economy, and Galina Potjagailo, IfW Kiel Institute for the World Economy, break down the potential transatlantic trade conflict, saying that foreign direct investments may play a large role in keeping this conflict from becoming a trade war.
Is it a good idea to protect the national market against foreign influence? One answer, two possible answers if you take a look at the different approaches the new Trump administration and China’s government’s take. We talked to Rolf J. Langhammer about the differences between China’s and the U.S.A.’s strategies.
Africa’s economy has been growing for many years. Yet, the digital development is lacking in many parts. In her blog post, Kacana Sipangule, Research Fellow at the Kiel Institute for World Economy and the Poverty Reduction Equity and Growth Network, describes the opportunities international companies have to fill that gap.
At the World Economic Forum in Davos, GES president Dennis Snower was interviewed by the Deutsche Welle News on Donald Trump’s plans for the U.S. economy. He expressed his concerns about Trump’s policies regarding tariffs, potential trade wars, and the U.S. – German relationship.