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.
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Focus Winter 2017/18
We present and discuss current research and economic policy related topics in International Economics. This quarter about:
US tax reform - effects on Europe
Professor of Economics, Gabriel Felbermayr talks about the dangers of a trade-, tax- and currency-war between Europe and the Unisted States.
The effects of the Tax Reform on companies' balance sheets are quite heterogenous.
Donald Trump is a man more of words than actions. Still, his administration's recent rhetoric in three areas -- currency, trade and taxation --- is raising hackles across the European Union. Unity among EU member states is key to addressing the first two challenges in a way that safeguards the European economy. On the third, however, the EU should view it more as an opportunity than a threat.
For the upcoming business year Voestalpine is expecting an improvement of its net-profits in the United States due to the recent tax reform.
Federation of Austrian Industries: Biggest risk are the effects on German companies, which are supplied by Austrian firms.
Die Presse (German)