The Vienna Institute for International Economic Studies (wiiw)

Our economist Branimir Jovanovic on what #Trump's trade war means for the Western #Balkans: the fallout from the #tariffs will affect the region through reduced #exports to the #EU and could be relatively mild, with GDP growth slowing by 0.4 to 0.9 percentage points. However, the current situation is an unpredictable shock for which standard models offer limited guidance – meaning the impact could be much greater.

Direktor Mario Holzner im großen Interview mit der Kronen Zeitung über Trumps Zölle und die Frage, wie Europa darauf reagieren sollte. ➡️ https://krone.at/3747524

Auch in Wien gibt es eine Reihe von Industriebetrieben, die unter Trumps Zöllen leiden werden. Direktor Mario Holzner im ORF "Wien heute"-Interview über die Auswirkungen auf die Wiener Wirtschaft.

Hot off the press: New paper on the future of the EU's competitive position and the role of Central Eastern Europe countries. They remain focused on manufacturing, especially the automotive industry. We suggest ways towards a new, innovation-based growth model for them. ➡️ https://lnkd.in/dU-Pn_-p Policy should focus on three areas: strengthening human capital, fostering innovation, and addressing energy intensity and its relatively high costs. Key actions include increasing labour market participation, ensuring access to start-up finance and risk capital, and reducing the region’s reliance on brown energy, particularly through grid and generation investment and the development of greener businesses.

Trumps Zölle sind Gift für die Wirtschaft, könnten in Europa aber auch die Inflation dämpfen, weil durch ein größeres Warenangebot teilweise Preise sinken dürften, erklärt unser wissenschaftlicher Direktor, Robert Stehrer, in der ORF #ZiB. 📺 ➡️ https://lnkd.in/dwFQUGe7

#Trump's #tariffs are yet another blow for the Europeans: EU exports are set to fall by 1%, and GDP will be reduced by 0.4 percentage points on average, with similar effects for Germany and Austria. Other countries will suffer even more. New analyses by Robert Stehrer & Oliver Reiter. #TrumpTariffs

#Trump's latest global #tariffs, announced on a self-proclaimed “Liberation Day,” will likely cause sharp short-term trade declines, with the US facing a significant surge in inflation, argues Mario Holzner in his new analysis. #TrumpTariffs #LiberationDay

Unser wissenschaftlicher Direktor Robert Stehrer im #Ö1 #Mittagsjournal über die möglichen wirtschaftlichen Auswirkungen auf Österreich von Trumps geplanten Zöllen auf die Autoindustrie. 🎧 https://lnkd.in/deRRbmxs

Europe's already struggling car industry will be hit hardest by #Trump's new #tariffs, argues Robert Stehrer. The newly announced US tariffs of 25% will have the greatest impact on the #automotive industries in #Germany, #Austria and the Visegrád countries.

Hot off the press: Paper by our economist Branimir Jovanovic and Sonja Stojadinovic: The 🇪🇺 continues to outpace 🇨🇳 in grants & loans in most countries of the Western Balkans (except 🇷🇸) but 🇨🇳 is quickly catching up amid concerns about transparency, environmental standards, debt sustainability & the geopolitics of 🇨🇳's easy money. Download: ➡️ shorturl.at/R3VOt