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German Electrical Industry Defies Uncertain Global Economic Environment – Opportunities through Digitisation

Andreas Gontermann, Jochen Schäfer
ifo Institut, München, 2017

ifo Schnelldienst, 2017, 70, Nr. 06, 56-60

Against the backdrop of a dampened global economy, the economic development in the German electrical industry in 2016 was only slightly upwards. The Brexit vote or the increasing anti-globalisation rhetoric world-wide are only some of the reasons why the very export-oriented companies of the electrical industry see themselves confronted with growing economic and political uncertainty.

JEL Classification: L810, L820, L680, L630

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ifo Institut, München, 2017