Institut der deutschen Wirtschaft
Encyclopedia
The (also Cologne Institute for Economic Research) is a leading German economic research institute founded in 1951. While its headquarters are located in Cologne
, the institute also disposes of an office in Berlin
.
The institute's weekly newsletter, (iwd), carries articles on economics
, society, and social policy
, as well as analysis and economic data.
Its current director is Michael Hüther
, former general secretary for the German Council of Economic Experts
and former chief economist
for DekaBank
.
Cologne
Cologne is Germany's fourth-largest city , and is the largest city both in the Germany Federal State of North Rhine-Westphalia and within the Rhine-Ruhr Metropolitan Area, one of the major European metropolitan areas with more than ten million inhabitants.Cologne is located on both sides of the...
, the institute also disposes of an office in Berlin
Berlin
Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...
.
The institute's weekly newsletter, (iwd), carries articles on economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
, society, and social policy
Social policy
Social policy primarily refers to guidelines, principles, legislation and activities that affect the living conditions conducive to human welfare. Thus, social policy is that part of public policy that has to do with social issues...
, as well as analysis and economic data.
Its current director is Michael Hüther
Michael Hüther
Michael Hüther is a German economist and director of the Institut der deutschen Wirtschaft. He has previously been the chief economist of DekaBank. Hüther also is an honorary professor at the European Business School International University Schloss Reichartshausen.Hüther received his doctoral...
, former general secretary for the German Council of Economic Experts
German Council of Economic Experts
The German Council of Economic Experts or ' is a group of economists set up in 1963 to advise the German government and Parliament on economic policy issues. Every year the Council prepares the annual report which is published before or by November 15...
and former chief economist
Chief economist
The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis...
for DekaBank
DekaBank
The DekaBank is the central asset manager of the German Sparkassen. Deka as an investment company was founded in 1956. In 1999 it merged with Deutsche Girozentrale , which was founded in 1918...
.