US tax reform - effects on Europe
US tax reform - effects on Europe (copy 1)
Wifo: punitive tariffs would hurt United States more than Europe
According to a Wifo study, 20,000 jobs in the EU could be endangered through steel and aluminum custom tariffs, but in the United States up to 50.000 jobs could be lost.
The Research Centre International Economics FIW is a project of WIFO, wiiw and WSR on behalf of the Federal Ministry for Digital and Economic Affairs. The FIW cooperation with the Vienna University of Economics and Business, the University Vienna, the Johannes Kepler University Linz and the University of Innsbruck is supported by the Federal Ministry of Education, Science and Research.
Latest FIW Working Papers
We updated the FIW-Statistics. The "Current FIW-Statistics on International Trade" offer a clear and graphical overview on key data and indices reflecting current international developments on international trade.
The latest 'Global Go To' ranking places wiiw in the top of the world's international economics think tanks. The Global Go To Think Tank Index Report is the result of an international survey of over 7,500 scholars, public and private donors, policy makers, and journalists who helped rank more than 6,600 think tanks using a set of 28 criteria developed by the Think Tanks and Civil Societies Program (TTCSP). During the last years, wiiw climbed from rank 17 in 2012 to 14 in 2013 to 12 in 2014 - and reaches its highest position in the latest ranking as No. 5.
In the period January to November 2015 total imports amounted to €122.17 bn and total exports amounted to €121.14 bn, according to preliminary results by Statistics Austria. Compared to the same period in 2014 Austrian imports increased by 1.9% while Austrian exports rose by 2.4%. The global foreign trade balance showed a deficit of €1.03 bn.
In the period January to March 2016, total imports amounted to €33.20 bn and total exports amounted to €32.09 bn, according to preliminary results by Statistics Austria. Compared to the same period in 2015, Austrian imports increased by 0.2% while Austrian exports rose by 0.6%. The global foreign trade balance showed a deficit of €1.11 bn.
The FIW-Working Papers No. 162, No. 163, No. 164 and No. 165 have been published and are now available online for free.
FIW and WIFO would like to invite you to the 19th FIW Workshop "Trade, Migration and Labor Market Outcomes", taking place on the 25th of February at the Austrian Institute of Economic Research, Arsenal Object 20, 1030 Vienna. We kindly ask for registration until the 18th of February. Entrance is free.
According to preliminary results by Statistics Austria, total imports amounted to €110.61 bn and total exports amounted to €109.16 bn in the period January to October 2015. Austrian imports increased by 1.4% while Austrian exports rose by 2.1% compared to the same period in 2014. The global foreign trade balance showed a deficit of €1.45 bn.
Statistics Austria: Regional foreign trade first half 2015: Salzburg and Upper Austria with highest increases in exports
According to preliminary results by Statistics Austria for the first half year 2015, the federal states Salzburg (+8.2%, +0.33 bn. €) and Upper Austria (+6.8%, +1.08 bn. €) registered the highest increases in exports, both in absolute and relative terms. In addition, also Carinthia (+6.6%, +0.21 bn. €) and Vorarlberg (+5.6%, +0.24 bn. €) recorded higher exports. Only the two federal states Vienna (-10.8%, -1.03 bn. €) and Styria (-0.4%, -0.04 bn. €) registered decreases.
The FIW-Working Paper No. 161 regarding "Organizational Belief, Managerial Vision, and International Trade" by Jaewon Jung has been published and is available online for free.
The FIW-Working Paper No. 160 regarding "Sources of Real Exchange Rate Fluctuations in New EU Member Countries" by Rajmund Mirdala has been published and is available online for free.