Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure DE-2008-1/2599 – measures in Germany
|Country||Germany , applies nationwide|
|Time period||Open ended, started on 01 January 2008|
|Context||Restructuring Support Instruments|
|Type||Other initiatives or policies|
Ensuring business continuity and support for essential services
– Smoothing frictions or reallocation of workers
|Author||Birgit Kraemer (Hans Boeckler Foundation) and Eurofound|
|Measure added||23 June 2022 (updated 10 November 2022)|
The 'Institut für Makroökonomie und Konjunkturforschung' ([Macroeconomic Policy Institute, IMK] of the Hans Böckler Foundation publishes the IMK Economic Performance Indicator.
The aim is to provide a real-time indicator for the likelyhood of a recession or a boom in economic activity on a monthly basis.
The Hans Böckler Foundation is the co-determination, study and research funding organisation of the German Trade Union Confederation.
The IMK Economic Performance Indicator estimates the probability of a recession or a boom within the next two to three months. A recession is considered to be a considerable decrease of industrial production, whereby different levels are possible (such as a decrease of production by at least 1% for 5 months or a decrease of 0.5% for 10 months).
The probabilities are calculated on the basis of data combinations which in the past resulted in recessions. The data are derived from the financial markets as well as indicators of the real economy, such as interest spreads or order levels. Results are published monthly
A list of recent publications using data from the IMK Economic Performance Indicator is published on the IMK's website.
Data from the IMK Economic Performance Indicator are used by research projects, in politics, by social partners, and in economic media coverage (see, for example, Handelsblatt 2022, or Tagesschau 2022).
|Applies to all workers||Applies to all businesses||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
The IMK is an institute of the Hans Böckler Foundation (HBS). The HBS is affiliated with the German Trade Union Confederation (DGB).
Eurofound (2022), IMK Economic Performance Indicator, measure DE-2008-1/2599 (measures in Germany), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/DE-2008-1_2599.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.Article
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.