24. June 2022 | Interviews
Series “The Effects of the Ukraine War on the German Labour Market”
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The Ukraine war has shaken international public opinion and brought immeasurable suffering to the people of Ukraine. The international community reacted to the Russian aggression with the toughest sanctions. The economic distortions resulting from the war itself, as well as from sanctions, are dramatic and are not limited to only Ukraine and Russia. In addition to the loss of the Russian export market, high prices for raw materials and energy, and the threat of supply-bottlenecks are factors which could severely affect the economies of many other countries. Uncertainty about future developments is also having a negative impact on the economic climate.
All of this will have an impact on the labour market. It is, however, unclear how strong the impact will be. Here, the IAB has a role in assessing the possible effects of the Ukraine crisis and evaluating those political measures which are intended to stabilise the German economy and labour market during the crisis. The war has also triggered a massive movement of refugees from Ukraine. Thus, a special focus of the IAB also lies in analysing its consequences for migration and integration – in particular in Germany.
In this series, the IAB presents its relevant expertise on the effects of the war in Ukraine and discusses options for action in relation to labour-market and economic policy.
All articles in: Series "The Effects of the Ukraine War on the German Labour Market"
20. April 2022 | Series "The Effects of the Ukraine War on the German Labour Market"
The war in Ukraine, international trade and price effects on the German economy
Russia’s exports account for a large share of world trade in a few goods and commodities classes. These are most notably nickel, fertilisers, mineral fuels and mineral oils, cereals and wood. Their ...read more
19. April 2022 | Series "The Effects of the Ukraine War on the German Labour Market"
Covid-19 crisis, Ukraine war and fear of stagflation: Why we need a new supply policy
Inflation is currently at a record high and will continue to go up as a result of the war in Ukraine and sanctions imposed on Russia. Considering the shortages in the economic environment, there is a ...read more