The Joint Economic Forecast (Gemeinschaftsdiagnose, GD) is a

semiannual An anniversary is the date on which an event took place or an institution was founded in a previous year, and may also refer to the commemoration or celebration of that event. The word was first used for Catholic feasts to commemorate saints. ...

report that aims to analyze the

German German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Ger ...

and the

world economy The world economy or global economy is the economy of all humans of the world, referring to the global economic system, which includes all economic activities which are conducted both within and between nations, including production, consumption, ...

, while also providing in-depth policy recommendations for the

German Federal Government The Federal Cabinet or Federal Government (german: link=no, Bundeskabinett or ') is the chief executive body of the Federal Republic of Germany. It consists of the Federal Chancellor and cabinet ministers. The fundamentals of the cabinet's or ...

. Each publication comprises a projection for the current and following years, along with a special study of varying topics. First published in 1950, the GD is prepared by Germany's leading economic research institutes, which are members of the

Leibniz Association The Leibniz Association (German: ''Leibniz-Gemeinschaft'' or ''Wissenschaftsgemeinschaft Gottfried Wilhelm Leibniz'') is a union of German non-university research institutes from various disciplines. As of 2020, 96 non-university research insti ...

History

The GD, originally known as the Forecast, began in 1950 under the direction of six institutes, which were then members of the Association of German Economic Research Institutes (ARGE). It began in the years of post-World War 2 reconstruction as a means of facilitating Germany's reintegration into the global economy. The participating institutes until 2007 included: *

Kiel Institute for the World Economy The Kiel Institute for the World Economy (Institut für Weltwirtschaft, or IfW) is an independent, non-profit economic research institute and think tank based in Kiel, Germany. In 2017, it was ranked as one of the top 50 most influential think ta ...

(IfW) *

German Institute for Economic Research The German Institute for Economic Research (german: Deutsches Institut für Wirtschaftsforschung), or, more commonly DIWBerlin, is a economic research institute in Germany, involved in basic research and policy advice. It is a non-profit acad ...

(DIW) * Hamburg World Economic Archive (HWWA, until 2006) *

Ifo Institute for Economic Research The Ifo Institute for Economic Research is a Munich-based research institution. Ifo is an acronym from Information and Forschung (research). As one of Germany's largest economic think-tanks, it analyses economic policy and is widely known for its ...

at the

University of Munich The Ludwig Maximilian University of Munich (simply University of Munich or LMU; german: Ludwig-Maximilians-Universität München) is a public research university in Munich, Germany. It is Germany's List of universities in Germany, sixth-oldest u ...

(ifo) * Institute for Economic Research Halle (IWH) *

Rheinisch-Westfälisches Institut für Wirtschaftsforschung The RWI – Leibniz-Institut für Wirtschaftsforschung, Essen (RWI Essen) is an independent economic research institute and think tank in Essen, Germany. Founded in 1926, the RWI maintains a non-profit status, mainly funded through public means w ...

(RWI) From 2007 to 2010, with the dissolution of the HWWA in 2006, the DIW also ceased publication of the report. The Federal Government had reservations about the efficiency of the institute due to the departure of experienced DIW employees. The GD was then published by: *

(IfW) *

(ifo) *

(RWI) * Business Center of the

Swiss Federal Institute of Technology The Swiss Federal Institutes of Technology are two institutes of higher education in Switzerland (part of the ETH Domain): * Swiss Federal Institute of Technology in Lausanne Swiss may refer to: * the adjectival form of Switzerland *Swiss people ...

(ETH) *

Halle Institute for Economic Research The Halle Institute for Economic Research – Member of the Leibniz Association (german: Leibniz-Institut für Wirtschaftsforschung Halle, abbreviated ''IWH'') is a non-profit organisation and one of the leading economic research institutes in G ...

(IWH) * Macroeconomic Policy Institute (IMK) * Austrian Institute for Economic Research (WIFO) *

Institute for Advanced Studies The Institute for Advanced Study (IAS), located in Princeton, New Jersey, in the United States, is an independent center for theoretical research and intellectual inquiry. It has served as the academic home of internationally preeminent scholar ...

From 2010 to 2013, three new institutes were added to the project: KOF Swiss Economic Institute at ETH Zurich and the Center for European Economic Research. In 2013, the latter left the group. After a series of dissolutions and departures, the five current institutes that write the report are: *

(IfW) *

(DIW) *

(ifo) *

(RWI) *

(IWH)

Publication

The GD is Germany's leading economic report that generates economic forecasts and produces policy recommendations. It is nominally produced by the Project Group Community Diagnosis (Institute der Projektgruppe Gemeinschaftsdiagnose), an independent group of economists from each represented economic institute. The results of the publication are subsequently discussed by representatives of the

Federal Ministry for Economic Affairs and Energy The Federal Ministry for Economic Affairs and Climate Action (german: Bundesministerium für Wirtschaft und Klimaschutz, ), abbreviated BMWK (was BMWi), is a cabinet-level ministry of the Federal Republic of Germany. It was previously known as ...

and Energy and the Federal Ministry of Finance and serve as the basis for their economic forecasts. Key areas of discussion in recent reports include free trade agreements, demographic changes in Germany, and tax reform.

External links

* Roland Döhrn and Bernhard Filusch
Die Gemeinschaftsdiagnosen - Ursprung und Entwicklung, Probleme und Ergebnisse

References

{{authority control Research institutes in Germany Economic research institutes Leibniz Association Political and economic think tanks based in Germany Global economic research