Add to ORKGThe true nature of Germany’s foreign investment is often misunderstood or misrepresented. This misunderstanding can be illustrated by the following three statements: 1. The net international investment position (NIIP) of Germany is €1.8 trillion. The TARGET1 balance of the Bundesbank currently amounts to €850 billion. Conclusion: the TARGET balance represents close to one-half of the German NIIP, therefore half of the balance position is invested in an asset that yields zero. 2. The NIIP of Germany is €1.8 trillion. German foreign direct investment abroad amounts to €1.9 trillion. Conclusion: all of German savings abroad are invested (wisely?) in equity. 3. The NIIP of Germany is €1.8 trillion. Portfolio debt assets represent around €1.9 tr...
In 2011 and the first half of 2012, inward FDI (IFDI) flows to Germany continued to be relatively st...
During the 2009 worldwide financial and economic crisis, Germany kept its position as the fourth lar...
In this new Policy Brief, CEPS Director Daniel Gros argues that the 13 November announcement of the ...
Germany is running a current account surplus of about 8% of GDP, which means that about one-third of...
The lead story in The Economist earlier this month (8 July 2017), “Why the German current-account su...
Germany has been an attractive target for external-deficit countries in Europe and beyond, but beati...
In some countries, a sizable fraction of savings is derived from corporate savings. Although larger,...
Available data suggest that, between 2006 and 2012, Germany may have suffered losses to the value of...
Many commentators have recently argued that Germany should rethink its export-led growth model becau...
As an alternative to the present system of intermediation of the German savings surplus, this paper ...
For decades, Germany has been generating large export surpluses. The associated accumulation of asse...
This paper describes four features of the German economy which lie at the root of its external imbal...
The income account of the US balance of payments has so far remained in surplus because of a very la...
The German economy has generally been perceived as the strongest in the Eurozone, particularly since...
Germany continues to be a major exporter of both goods and capital. In 2018, the current account sur...
In 2011 and the first half of 2012, inward FDI (IFDI) flows to Germany continued to be relatively st...
During the 2009 worldwide financial and economic crisis, Germany kept its position as the fourth lar...
In this new Policy Brief, CEPS Director Daniel Gros argues that the 13 November announcement of the ...
Germany is running a current account surplus of about 8% of GDP, which means that about one-third of...
The lead story in The Economist earlier this month (8 July 2017), “Why the German current-account su...
Germany has been an attractive target for external-deficit countries in Europe and beyond, but beati...
In some countries, a sizable fraction of savings is derived from corporate savings. Although larger,...
Available data suggest that, between 2006 and 2012, Germany may have suffered losses to the value of...
Many commentators have recently argued that Germany should rethink its export-led growth model becau...
As an alternative to the present system of intermediation of the German savings surplus, this paper ...
For decades, Germany has been generating large export surpluses. The associated accumulation of asse...
This paper describes four features of the German economy which lie at the root of its external imbal...
The income account of the US balance of payments has so far remained in surplus because of a very la...
The German economy has generally been perceived as the strongest in the Eurozone, particularly since...
Germany continues to be a major exporter of both goods and capital. In 2018, the current account sur...
In 2011 and the first half of 2012, inward FDI (IFDI) flows to Germany continued to be relatively st...
During the 2009 worldwide financial and economic crisis, Germany kept its position as the fourth lar...
In this new Policy Brief, CEPS Director Daniel Gros argues that the 13 November announcement of the ...